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GBP/USD Outlook: Fed Rate-Cut Bets Exalt Amid Banking Woes
Speculators anticipate further drastic rate cuts from the Federal Reserve. Shares of PacWest Bancorp fell on Thursday, dragging other regional banks down. The services sector in Britain experienced its highest growth in a year at the beginning of Q2. Today’s GBP/USD outlook is bullish. The dollar dropped as speculators anticipated further drastic rate cuts from … Continued The post GBP/USD Outlook: Fed Rate-Cut Bets Exalt Amid Banking Woes appeared first on Forex Crunch...
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Posted: May 5 2023, 09:31
Author Name: forexcrunch
Views: 122428