Friday , 8 November 2024
Home Forex Pound Sterling Price News and Forecast: GBP/USD steady as Fed cut rates, traders await Powell’s guidance
Forex

Pound Sterling Price News and Forecast: GBP/USD steady as Fed cut rates, traders await Powell’s guidance

GBP/USD steady as Fed cut rates, traders await Powell’s guidance The GBP/USD barely moved after the Federal Reserve (Fed) cut rates by 25 basis points (bps) to the 4.50%—4.75% range.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Crypto ETFs are seeing huge inflows

These numbers for Wednesday's trade, showing 12 spot bitcoin ETFs raked in...

JP Morgan says Bitcoin could climb higher for 8 weeks – cites ‘Trump trade’

JP Morgan like BTC through to year end:“We continue to see room...

PBOC is expected to set the USD/CNY reference rate at 7.1452 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The...

Plenty of ‘intervention’ type comments coming out of a nervous South Korea

South Korea's finance minister, Choi Sang-mok, spoke at a meeting with top...