The Pound Sterling (GBP) surrenders gains and turns negative against the US Dollar (USD) in Thursday’s North American session. The GBP/USD pair declines to near 1.2720 as the US Dollar (USD) recovers losses, with the US Dollar Index (DXY) rising to near 106.70. Read More…
GBP/USD recovers its recent losses registered in the previous session, trading around 1.2770 during the Asian hours on Thursday. The GBP/USD pair gains ground as the US Dollar (USD) corrects downwards after breaking its four-day winning streak despite higher US Treasury yields. Read More…
GBP/USD went nowhere quickly on Wednesday, churning near 1.2750 after US Consumer Price Index (CPI) figures for November widely met median market expectations. The rest of the week remains tepid on the UK side of the economic calendar, leaving Cable traders to face US Producer Price Index (PPI) numbers on Thursday. Read More…
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