Forex
globalreutersSeptember 11, 20241 Mins read
GBP/USD edges lower after US inflation data suggests Fed to take a measured approach to easing
globalreutersSeptember 11, 20241 Mins read GBP/USD is trading marginally lower in the 1.3060s on Wednesday after the release of US inflation data leads to an appreciation in the US Dollar (USD) amid prospects of a more measured approach to easing from the Federal Reserve (Fed) whilst the Pound Sterling (GBP) loses ground following the release of flat economic growth data.
Related Articles
The BOJ meet today and tomorrow and is unlikely to delay rate hike action
BOJ signals January rate hike amid strong wage growth and yen speculation.That...
Event Guide: Euro Area Flash PMIs (January 2025)
We’re seeing the first readings of Euro Area business conditions this year!...
Tesla is increasing prices in Canada
Tesla Canada prices on the rise, from February 1:Model 3 prices will...
China to channel “hundreds of billions of yuan” annually from insurers into equities
China has unveiled a major initiative to channel hundreds of billions of...
Leave a comment