GBP/USD holds steady post solid US jobs data, amid risk-on mood

BY admin admin

The Pound Sterling (GBP) stayed firm against the US Dollar (USD) on Thursday, courtesy of a hot inflation report on Wednesday, coughing traders by surprise, which trimmed bets the Bank of England (BoE) would ease policy as they initially expected.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Week Ahead in FX (December 11 – 15): Busy Week With 4 Major Central Bank Decisions, Global PMI Updates, and Top-Tier Reports on Tap

<p>Forex playas are in for a busy week as we look forward to major central bank decisions and closely watched data drops from the major economies.</p>

Forex

China's major state owned banks seen selling dollars to buy Yuan

<p>China's major state-owned banks seen selling dollars to buy yuan in the onshore spot foreign exchange market. This according to sources. </p> This article was written by Greg Micha

Forex

BoE: More room for dovish repricing – ING

Economists at ING discuss BoE’s policy outlook following a round of dovish comments by Bank of England Chief Economist Huw Pill on Tuesday.

Copyright © 2024 | WordPress Theme: Xews Lite