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GBP/USD Outlook: Dollar Strength Returns Amid Bank Earnings
Strong US banking results reinforced expectations of a hawkish Fed. Morgan Stanley posted first-quarter earnings that exceeded forecasts. The market is starting to price out a Fed cut this year. Today’s GBP/USD outlook is bearish. Strong US banking sector’s earnings reinforced expectations that the Federal Reserve will maintain its tight monetary policy for longer. The … Continued The post GBP/USD Outlook: Dollar Strength Returns Amid Bank Earnings appeared first on Forex Crunch...
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Posted: Apr 20 2023, 10:14
Author Name: forexcrunch
Views: 110786