Friday , 20 September 2024
Home Forex Pound Sterling Price News and Forecast: GBP/USD edges lower after US inflation data
Forex

Pound Sterling Price News and Forecast: GBP/USD edges lower after US inflation data

GBP/USD edges lower after US inflation data suggests Fed to take a measured approach to easing 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.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Bank of Japan policy statement due soon – no change expected

The Bank of Japan policy statement is due sometime in 0230 -...

New Zealand PM Luxon says constrained by limited fiscal space

Christopher Luxon is Prime Minister of New ZealandSpeaking in a TV interview....

BOE Kept Rates at 5.00% and Emphasized Its ”Gradual” Approach to Easing

The BOE kept its interest rates at 5.00% as expected and maintained...

Bank of Canada Governor Tiff Macklem will speak on AI on Friday

1230 GMT / 0830 Eastern time:Bank of Canada Governor Tiff Macklem is...