Sunday , 2 February 2025
Home Forex Pound Sterling Price News and Forecast: GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim
Forex

Pound Sterling Price News and Forecast: GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim

GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim The Pound Sterling tumbled against the US Dollar on Thursday after the US Department of Labor announced a rebound on inflation on the producer side that could dent the Federal Reserve’s easing policy.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Trump: Tariffs on Canada can be removed if ‘enough steps’ taken to reduce health crisis

Executive order on Canada/Mexico/China come into effect on Feb 4New Canada tariffs...

White House says Trump has signed order to impose tariffs on Canada, Mexico and China

Tariff to be on 25% of all Canadian imports except 10% on...

Trump expected to sign tariff order soon

CTV reports that Canada was notified earlier today that the US will...

Weekly Market Outlook (03-07 February)

UPCOMING EVENTS:Monday: BoJ Summary of Opinions, Australia Retail Sales, China Caixin Manufacturing...