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GBP/USD: Tentatively recaptures 1.2300 as dollar drops for a sixth day as yields continue to tumble

GBP/USD: Tentatively recaptures 1.2300 as dollar drops for a sixth day as yields continue to tumble
The US dollar pared losses after a hot PPI report but still settled lower as Wall Street focused on the latest Fed speak that had two hawks dial down dial the immediate need for further tightening. The high-beta currencies might struggle for further gains until Wall Street sees tomorrow’s CPI report, which could come in […]... Read More
Posted: Oct 11 2023, 16:30
Author Name: marketpulse
Views: 112269

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