GBP/USD rebounds to 1.2700 as PCE eases in the US, the GBP ends quarter on higher note

BY admin admin

GBP/USD recovered lost ground on the last day of the week, month, and quarter, rising more than 0.80% after hitting a daily low of 1.2599. Upbeat data

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

US initial claims dropped to 239k, slightly above expectation

<p>US initial jobless claims dropped -11k to 239k in the week ending August 12, slightly below expectation of 240k. Four-week moving average of initial claims rose 3k to 234k. Continuing claims

Forex

WTI Futures Retreat After The Jump To 6-Week High At 33.05

<p>WTI futures for July delivery advanced to a fresh six-week high of 33.05 on Monday before pulling slightly back, opening the way for more bullish actions on the 4-hour chart. The price has be

Forex

PBOC MLF operation: 100bn yuan lent for 1 year at 2.95%

MLF is the People's Bank of China Medium Term Lending Facility – funds loaned to banks – the rate at 2.95% is unchanged from the previous MLF injection of funds 200bn in MLFs matured

Copyright © 2024 | WordPress Theme: Xews Lite