GBP/USD surpasses 1.2150 despite Fed sees hawkish policy continuation into 2024 GBPUSD BOE Fed Inflation SEO
is looking for an immediate cushion after a sheer fall. The USD Index is likely to test a six-month low of around 103.00, considering the bearish momentum in the asset. Also, the 10-year US Treasury yields slipped to near 3.56%.A slowdown in an economy is favorable for a decline in inflationary pressures but also fired up recession fears too.
Chicago Fed President Evans quoted in Wall Street Journal , “It was possible the economic data would support raising the policy rate by 25 basis points at the Fed's next gathering” as reported by Reuters.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pairs in Focus This Week-Bitcoin, Gold, EUR/USD, GBP/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 8th, 2022 here.
Read more »
GBP/USD: Weekly Forecast 8th January - 14th JanuaryThe GBP/USD went into the weekend near the 1.20860 level, after starting the week near a high of around 1.21000.
Read more »
GBP/USD Price Analysis: Further upside hinges on 1.2130 breakoutGBP/USD bulls flirt with the 1.2100 threshold during Monday’s Asian session, after posting the biggest daily jump in five weeks on Friday. Even so, th
Read more »
GBP/USD extends gains above 1.2100 as US recession fears soarThe GBP/USD pair has surpassed the round-level resistance of 1.2100 in the Tokyo session. The Cable is expected to shift its auction profile above 1.2
Read more »
2024 Renault Captur: Here's What We Know About The Updated Small SUV | CarscoopsThe smallest SUV in Renault's European range is up for a mid-lifecycle update, alongside a longer variant
Read more »
Biden border visit all about 2024 posturing, immigration plan about 'streamlining illegality': criticsThe panel on Fox News Channel's 'The Five' sounded off about President Biden's upcoming visit to the border and new immigration program for Venezuelans and Cubans.
Read more »