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The GBP/USD rally gained new momentum on Friday morning, following a respite after the 3% rise on Thursday. The British currency was supported predominantly by better-than-expected economic data and...
The British pound has extended its gains today, following a huge Thursday. In the European session, GBP/USD is trading at 1.1729, up 0.15%.US dollar crashes after soft inflation reportThe US dollar...
The British pound has soared today, following the U.S. inflation report. GBP/USD is trading at 1.1661, up a massive 2.7%.U.S. Dollar Retreats as Inflation FallsThe October inflation report was lower...
OANDA Senior Market Analyst Craig Erlam discusses the latest developments in GBP/USD as the Federal Reserve and Bank of England hike interest rates by 0.75%.
The British pound is sharply lower today. In the European session, GBP/USD is trading at 1.179, down 1.83%. It has been a dreadful week for the pound, which has declined by 3.7%. Bank Of England...
The GBP/USD trimmed intraday gains on Tuesday after the UK PMI data, while the dollar managed to shrug off early weakness following solid domestic figures and a bounce in Treasury yields.At the time...
After a splendid week, in which GBP/USD jumped 2.8%, the pound has reversed directions and is sharply lower today. In the North American session, GBP/USD is trading at 1.1489, down 1.07% on the...
It is that time of the month when investors turn their attention to Central Bank interest rate decisions. The European Central Bank already released its decision last Thursday, where they decided to...
The pound has extended its gains and has gained 2.3% this week. In the European session, GBP/USD is trading at 1.1581, up 0.75% on the day.Sunak delays budgetIncoming UK Prime Minister Rashi Sunak...
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