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The US dollar weakens as tariff fears and 70% Fed rate cut odds weigh on sentiment. GBP/USD and EUR/USD extend technical breakouts.
The Pound US Dollar (GBP/USD) exchange rate traded mostly flat on Wednesday as markets braced for Donald Trump’s tariff announcement.
The GBP/USD pair gains strong follow-through positive traction for the second successive day on Thursday and advances to its highest level since October 2024 during the Asian session. Spot prices ...
The GBP/USD pair gains strong follow-through positive traction for the second successive day on Thursday and advances to its highest level since October 2024 during the Asian session. Spot prices ...
At the time of writing GBP/USD was trading at around $1.2936. Virtually unchanged from Tuesday’s opening levels. The US Dollar (USD) was muted on Tuesday as President Trump’s impending tariffs cast a ...