GBP/USD rallies sharply for the fourth straight day as the Greenback tumbles following dovish remarks by US Federal Reserve officials, suggesting a deceleration in inflation would warrant lower rates.
The USDCHF is displaying a positive trend on the 4-hour chart, entrenched within a rising price channel. This uptrend originates from the 0.8332 mark. Continued Ascendancy and Potential Resistance The
The economic activity in the US private sector continued to expand at a modest pace in early November, with S&P Global Composite PMI holding steady at 50.7.
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