GBP/USD moves above 1,3700, marks new maximums in several years
The GBP/USD extends its winning streak for the fourth consecutive session, quoting around 1,3710 during Thursday’s Asian hours. The pair has marked 1,3724, a new maximum since January 2022, which was recorded on Thursday. The GBP/USD torque, sensitive to risk, receives support from the improved appetite for risk, driven by a fragile high fire between Israel and I will be mediated by the US.
The president of the United States, Donald Trump, said that the United States (USA) and they would celebrate a meeting next week, but questioned the need for a diplomatic solution on Iran’s nuclear program, citing the damage that US bombings had caused to key sites, according to Bloomberg. Read more…
GBP/USD extends the rebound, reaches new maximums in several years
The GBP/USD gained more land as the US dollar fluctuates in general, extending to a third consecutive day of firm profits and reaching its highest offers in four and a half years. Several monetary policy of both, the Bank of England (BOE) and the Federal Reserve (FED), made appearances during the first half of the week, and the trend is expected to continue during the rest of it.
The president of the FED, Jerome Powell, concluded his two -day period of testimony before the Financial Committees of the Congress and the Senate on Wednesday, staying near the family script of the Fed and reiterating multiple times the waiting position of the Fed. The Fed has attributed the wide restlessness on the economic conditions to the Trump administration and is avoiding making adjustments to the interest rates until the effects of interest until the effects can be observed until Complete of Donald Trump’s tariff strategy. Read more…
GBP/USD is maintained above 1,3600 As the high fire improves the mood, the BOE becomes moderate
The sterling pound (GBP) extends its profits to three consecutive days during the week, in the midst of an optimism in the market triggered by the high the fire of the Israel-Iran conflict. However, the truce is still fragile after both parties exchanged blows near or after the deadline proposed by Washington. The GBP/USD quotes above 1,3600 after having fallen below this level previously, rising 0.05%.
On Wednesday marks the second and most recent appearance of the semiannual testimony of the president of the FED, Jerome Powell, before the US Congress, it is expected that it will deliver the same message of a waiting mode in the central bank, while evaluating the possible impact of tariffs on inflation. He said that tariffs have an impact on inflation, but wants to address it cautiously when inflation has not returned to 2%. 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.
