GBP/USD loses more ground after the strong publication of the US CPI that shakes fees of fees
The GBP/USD lost another two thirds of one percent from top to bottom on Tuesday, extending to an eighth consecutive day of cable losses. The US dollar (USD) captured a demand for risk aversion after the inflation of the US consumer price index (CPI) increased in June, reviving the fears of a new setback in the expected pace of federal reserve rate cuts until the end of the year. Read more…
GBP/USD falls below 1,3400 while the US inflation revives the recovery of the dollar
The GBP/USD extended its losses to four consecutive days after the latest inflation report in the United States (USA) showed signs of increase, the first indication that rates caused an increase in prices. At the time of writing, the par is quoted below 1,3400, with a fall of 0.23%. Read more…
Libra sterling is quietly when inflation of the US takes the center of the stage
The pound sterling (GBP) is quoted with caution against the US dollar (USD) about a minimum of three weeks around 1,3430 on Tuesday. Investors are prepared for significant volatility in the USD GBP/PAR since the US CPI) of the USA. 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.
