Friday , 22 November 2024
Home Forex Pound Sterling Price News and Forecast: GBP/USD drops below 1.3100 as Fed large rate cut odds wane
Forex

Pound Sterling Price News and Forecast: GBP/USD drops below 1.3100 as Fed large rate cut odds wane

GBP/USD Price Forecast: Drops below 1.3100 as Fed large rate cut odds wane The GBP/USD begins the North American session down by over 0.30% on Monday as traders trim the chances of a 50-basis point Fed interest rate cut in ten days.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

FX option expiries for 22 November 10am New York cut

There is arguably just one to take note of on the day,...

USD adding on a few points: AUD, CAD lower. USD/JPY back to its session high.

The moves aren't large, but just noting some USD strength coming in....

PMI data back in the spotlight to wrap up the week

The dollar held a bit more of a mixed mood since trading...

ForexLive Asia-Pacific FX news wrap: Gold, BTC up

Federal Reserve Board Governor Michelle Bowman speaking FridayJust over half of economists...