GBP/USD falls below 1.33 As the feeling of the US consumer becomes negative, which drives USD
The sterling pound is removed against the US dollar during the US session, ready to close the week with minimum losses of more than 0.24%. An absent economic agenda in the United Kingdom on Friday left operators drifting with US data, which revealed that consumers are becoming pessimistic about the economy. The GBP/USD quotes at 1,3276, lowering 0.39%. Read more…
The sterling pound weakens in front of the USD even when Michigan’s feeling data falls again
The sterling pound (GBP) turns below 1,3330 against the US dollar (USD) in the American session on Friday. The GBP/USD torque renounces intradic earnings and becomes negative as the US dollar (USD) recovers losses after the publication of the preliminary feeling of the Michigan consumer’s feeling (CSI) and the data of consumer inflation expectations for May. Read more…
GBP/USD advances slightly above 1,3300 due to a weaker US dollar and United Kingdom GDP encouragement
The GBP/USD pair moves up to 1,3310 during Friday’s Asian negotiation hours. The dollar weakens against the sterling pound (GBP) as negative surprises in the US economic data this week increase bets for more federal reserve cuts (FED) this year. The operators will maintain an eye in the preliminary index of consumer’s feeling of the University of Michigan, together with the construction permits and the beginnings of housing of the US, 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.
