GBP/USD falls below 1.30 while operators prepare for the FOMC decision
The sterling pound (GBP) is falling 0.20% against the dollar during the North American session while operators expect the monetary policy decision of the Federal Reserve (Fed). Investors also look for an update on economic projections, which could lay the foundations for what the Fed could do in the coming months. The GBP/USD is quoted in 1,2971 after reaching a daily maximum above 1.30. Read more…
The sterling pound weakens against the US dollar before the Fed-Boe policy decision
The sterling pound (GBP) is corrected to about 1,2960 after not being able to extend the rebound above the key level of 1.3000 against the US dollar (USD) during negotiation hours in North America on Wednesday. The GBP/USD torque operates with caution before the Federal Reserve Monetary Policy Decision (FED) at 18:00 GMT. Read more…
GBP/USD falls below 1.3000 amid the firmness of the US dollar before the Fed decision
The GBP/USD goes back, quoting around 1,2990 during Wednesday’s Asian hours after registering profits in the two previous sessions. The torque fights while the US dollar (USD) remains firm, backed by stable yields of the US Treasury bonds before the decision on interest rates of the Federal Reserve (Fed) later in the day. Markets widely expect that Fed maintain stable rates amid persistent concerns about inflation and economic uncertainty. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
