GBP/USD reaches 1.36 while the soft US IPP
The GBP/USD extended its profits on Thursday after the publication of another inflation report in the United States (USA), which increased the chances of the Federal Reserve (FED) could resume its relaxation cycle before expected. This, together with an increase in unemployment applications, was a tail wind for the pound sterling, which is quoted in 1,3600 against the US dollar (USD), with an increase of more than 0.47%. Lead more …
The sterling pound advances against the US dollar in the midst of uncertainty about Trump’s tariff policy
The sterling pound (GBP) jumps to about 1,3600 against the US dollar during the European negotiation hours on Thursday. The GBP/USD torque signs firmly while the US dollar does not yield as its peers due to uncertainty around tariff policy. The US dollar index (DXY), which tracks the value of the dollar against six main currencies, records a new minimum of three years about 97.80. Read more…
GBP/USD: unlikely to reach 1,3620 for now – UOB Group
An additional rebound is not ruled out, but it is unlikely that the pound sterling (GBP) reach 1,3620 against the US dollar (USD). In the long term, the GBP seems to have entered a negotiation phase in the range of 1,3495/1,3620, the FX analysts of UOB Group point out, to be Leang and Peter Chia. 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.
