GBP/USD steady as BoE hawkish cut seen as last of 2025; Dollar boosted on Waller rumors
The GBP/USD remains steady during the North American session as the Greenback recovers some ground, even though traders seem convinced that the Bank of England’s (BoE) rate cut on Thursday may be the last during the year. At the time of writing, the pair trades at 1.3437, virtually unchanged. Read More…
Pound Sterling outperforms US Dollar, focus shifts to UK employment, US CPI data
The Pound Sterling (GBP) clings to three-day gains around 1.3450 against the US Dollar (USD) on Friday. The GBP/USD pair trades firmly as upbeat expectations that the Federal Reserve (Fed) will cut interest rates in the September meeting have kept the US Dollar on the back foot. Read More…
GBP/USD softens to below 1.3450 on renewed US Dollar demand
The GBP/USD pair posts modest losses near 1.3440 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Pound Sterling (GBP) after Federal Reserve (Fed) Governor Christopher Waller has reportedly emerged as the top contender to succeed embattled Fed Chair Jerome Powell. The Fed’s Alberto Musalem is scheduled to speak later on Friday. Read More…
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