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 pair is currently struggling to build on its recent recovery, which saw it rebound from around the 1.3130 level—a near multi-month high. Despite attracting some buying interest during the US session last Friday, with spot prices trading...
The pair has been sliding above the 1.1040 level amid a robust recovery of the US Dollar. The Euro is facing pressure as market sentiment remains cautious, driven by concerns over a potential global economic slowdown due to prolonged restrictive...
Last week, the pair started on a weak note, trading just above the 1.3200 level, as market participants anticipated the BoE monetary policy decision. While many expected a rate cut, the probability stood at around 59%. By the end of the week, the...
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...