Pound (GBP/USD) Outlook: Cable Jumps in the Lead up to FOMC

BY admin admin

GBP/USD received a lift despite trading lower against a number of other G7 currencies. US 2-year yields dropped resulting in a softer dollar ahead of the FOMC

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Wall Street eyes AMD’s prospects amid AI growth By Investing.com

<p> <br /> </p> <div> <div> <img decoding="async" alt="Pro Research: Wall Street eyes AMD's prospects amid AI growth" id="carouselImage&q

Forex

EIA weekly US crude oil inventories -600K vs -2348K expected

<ul><li>Prior was -708K</li><li>Gasoline -786K vs -1678K expected</li><li>Distillates -245K vs -301K expected</li><li>Refinery utilization -0.9% vs +0.1

Forex

Interest Rates Again Have Become A Potential Driver For The US Currency

<p>Markets The global reflation trade met some resistance since last week. There was no outright correction but some parts of the global pattern show signs of fatigue. The equity rally slowed, t

Copyright © 2024 | WordPress Theme: Xews Lite