GBP/USD reaches maximums close to 4 years while Trump seeks Powell’s successor, the dollar sinks
The sterling pound advances towards maximums close to four years against the US dollar on Thursday, since last -minute news revealed by the Wall Street Journal (WSJ) suggest that US president, Donald Trump, could appoint Jerome Powell’s successor as president of the Federal Reserve in October and September. At the time of writing, the GBP/USD quotes at 1,3746, rising 0.61%. Read more…
The sterling pound extends its winning streak against the US dollar for the fourth day
The sterling pound (GBP) extends its winning streak against the US dollar (USD) for the fourth consecutive negotiation day on Thursday, renewing a maximum of more than three years around 1,3765 at the time of writing. The GBP/USD torque is strengthened as the US dollar faces a strong sales pressure after the president of the United States (USA), Donald Trump, reiterated attacks on the independence of the Federal Reserve (Fed), after the commitment of President Jerome Powell of a “wait and see” to see “on the interest rates in the semiannual testimony of two days before the Senate. Read more…
GBP/USD moves above 1,3700, marks new maximums in several years
GBP/USD extends its winning streak for the fourth consecutive session, quoting around 1,3710 during the Asian hours of Thursday. 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 cessation of hostilities between Israel and I will be mediated by 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.
