GBP/USD slips as hot US PPI fuels Fed hawkish repricing

GBP/USD slips as hot US PPI fuels Fed hawkish repricing

GBP/USD falls 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320. Read More…

Pound Sterling trades flat ahead of Fed-BoE policy, UK labor market data

The Pound Sterling (GBP) trades broadly flat against its major currency peers, consolidating around 1.3350 against the US Dollar (USD) during the European trading session on Wednesday. The British currency struggles for direction as investors have sidelined ahead of a data-packed Thursday. Read More…

GBP/USD Price Forecast: Extends recovery to near 1.3370 ahead of Fed-BoE policy

The Pound Sterling (GBP) extends its winning streak against the US Dollar (USD) for the third trading day on Wednesday. The GBP/USD pair trades 0.1% higher to near 1.3370 during the early European trading session as the US Dollar is under pressure ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT. Read More…