The GBP/USD recovers 1,3200 and beyond the bad US payrolls.
The sterling pound now wins some traction and elevates the GBP/USD again to the positive territory above 1,3200 after the abrupt loss of impulse of the dollar in the context of the publication of the US Employment Report of the United States Read more …
The sterling pound collapses even more against the US dollar, the US NFP under the focus
The sterling pound (GBP) reaches a new minimum of almost 11 weeks around 1,3160 against the US dollar (USD) during the European negotiation session on Friday. The GBP/USD faces sales pressure as the US dollar extends its rise, with operators by reducing bets that support trimming of interest rates by the Federal Reserve (Fed) at the September policy meeting. Read more…
The GBP/USD remains below 1,3200 waiting for US NFP data.
The GBP/USD pair extends the fall to about 1,3195 during Friday’s Asian negotiation hours. The sterling pound (GBP) goes back against the dollar due to the growing expectations of a rate cut by the Bank of England (BOE) next week. Investors prepare for the US employment data, which include non -agricultural payroll (NFP) and the unemployment rate, which will be published later on Friday. 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.
