Pound Sterling Declines as Traders pare Fed large rate cut bets : The Pound Sterling falls below 1.3150 against the US dollar sticky US core PCE infaltion: The Pound Sterling (GBP) extends its tow-day losing spree and posts a fresh intraday low...
The EUR/GBP pair is all sst to conclde the week in red for the third straight week. The asset remains on the backfoot as the EURO weaknes, with financial market participants seeming to be confident that the European Central Bank will cut interest...
In Friday’s European session, the pair edged up to around 1.3121 against the US Dollar (USD). Despite this slight increase, the pair has struggled to gain traction, reflecting persistent selling pressure on the British currency. Meanwhile, the DXY,...
United States: The search for clues continues Fed watchers are still looking for clues about the size of the well-telegraphed September rate cut. This week's set of economic indicators, which largely beat expectations and reaffirmed a soft landing,...
The pair continued to face pressure, trading around 1.3155 during early Asian trading on Friday. With both the Federal Reserve (Fed) and the Bank of England (BoE) gearing up for their upcoming policy meetings, market sentiment remains cautious. By...