GBP/USD looks up behind the minutes of the Fed meeting that shows a growing caution
The latest minutes of the Federal Reserve Meeting (FED) of the Federal Open Market Committee (FOMC) on the May 6-7 meeting revealed that the waiting and seeing approach of the Fed has deep roots. Those responsible for the policy at the last meeting of the Fed pointed out that the status of safe US dollar shelter (USD) has recently suffered. They warned that a more “lasting” change in the status of the dollar could have lasting impacts on the US economy. Read more…
The sterling pound falls even though the operators reassess the moderate bets of the BOE
The pound sterling (GBP) subrinds its peers during Wednesday’s European negotiation hours. The British currency takes a pause after a strong rebound in recent days of negotiation, since investors look for new clues about whether the Bank of England (BOE) will cut interest rates again at its June policy meeting. Read more…
GBP/USD price forecast: maintains the upward trend, the first upward objective arises above 1,3550
The GBP/USD torque attracts some vendors around 1,3480 during Wednesday’s Asian negotiation hours. The dollar is strengthened against the sterling pound (GBP) to the encouraging economic signs in the United States (US). 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.
