GBP/USD slips below 1.34 as risk rally fades, US data disappoints
The Pound Sterling depreciates against the US Dollar and falls after testing the year-to-date (YTD) high of 1.3443. However, it fails to remain above 1.34 as it extends its losses. At the time of writing, the GBP/USD trades at 1.3379, down 0.29%. Read More…
Pound Sterling corrects against USD, US Job Openings data misses estimates
The Pound Sterling (GBP) corrects below 1.3400 against the US Dollar (USD) during North American trading hours on Tuesday from its fresh three-year high of 1.3445 posted earlier in the day. The GBP/USD pair retraces as the US Dollar steadies, with investors awaiting a slew of United States (US) economic data releases. Read More…
GBP/USD declines below 1.3450 ahead of BoE’s Ramsden speech
The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest rebound of US Dollar (USD). Investors await a speech by Bank of England (BoE) official Dave Ramsden for fresh impetus. Read More…
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