The sterling pound recovers land in the middle of a weak USD, an optimistic PMI and a tariff relief
The sterling pound (GBP) rises against the US dollar (USD) on Wednesday, reducing Tuesday’s losses as the dollar softens slightly before the key data of the US labor market expected that they increased confidence in the labor market. Read more…
GBP/USD remains above 1,3500 while the US dollar is pressed by the tendency to “sell America”
The GBP/USD rises after registering losses in the previous session, quoting around 1,3520 during Wednesday’s Asian hours. The torque could be seen as the US dollar (USD) attracts vendors under the tendency to “sell America” ​​amid the growing tariff uncertainty, which could harm the growth of the US economy. Read more…
GBP/USD is established in a containment pattern just above 1,3500
The GBP/USD cut the bullish impulse on Tuesday, setting in a slight oscillation of graphics just north of 1,3500. The latest hearings of the monetary policy report of the Bank of England (BOE) before the British Parliament did little to galvanize the operators of the cable, and the feeling of the market is maintained in the middle while the operators expect a cooling of commercial tensions between the US and China. 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.
