Friday , 22 November 2024
Home Forex Pound Sterling Price News and Forecast: GBP/USD stabilizes at 1.2858
Forex

Pound Sterling Price News and Forecast: GBP/USD stabilizes at 1.2858

The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United States (US) reinforced investors’ bets that the US Federal Reserve could begin slashing rates at the September monetary policy meeting.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Eurozone November flash services PMI 49.2 vs 51.6 expected

Prior 51.6Manufacturing PMI 45.2 vs 46.0 expectedPrior 46.0Composite PMI 48.1 vs 50.0...

Poor French and German PMI data keeps ECB 50 bps rate cut in play

Money market pricing is now seeing roughly 35% odds of a 50...

USDJPY Technical Analysis – We continue to range around key levels

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...

Germany November flash manufacturing PMI 43.2 vs 43.0 expected

Manufacturing PMI 43.2 vs 43.0 expected and 43.0 prior.Services PMI 49.4 vs...