GBP/USD aims to shift business above 1.1500 as market mood soars, Fed/BOE policy buzz – by Sagar_Dua24 GBPUSD BOE Fed Inflation RiskAppetite
has been underpinned as the risk-on impulse has rebounded firmly. As uncertainty ahead of Federal Reserve policy is fading away, investors are parking their funds in risk-sensitive assets.
UK’s novel leadership is putting blood and sweat to curb the debt crisis. In an article written by Financial Times on Monday, Treasury insiders said that UK PM Rishi Sunak and Chancellor Jeremy Hunt had agreed that “those with the broadest shoulders should be asked to bear the greatest burden”, and everybody’s taxes would go up.
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GBP/USD drops to fresh daily low, around 1.1500 mark amid broad-based USD strengthThe GBP/USD pair struggles to find acceptance above the 1.1600 mark on Monday and retreats over 100 pips from the daily peak. Spot prices extend the s
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GBP/USD sees a pullback to near 1.1500 as positive tone recovers, Fed/BOE policy in focusThe GBP/USD pair witnessed fresh demand around 1.1460 in the early Tokyo session. A pullback move in the cable looks favored as the risk-on impulse is
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British Pound Latest: GBP/USD Caught Between The Fed and The BoEIt looks highly likely that both the Fed and the BoE will hike their borrowing rates by 75 basis points this week, as both central banks continue to struggle with persistently high inflation. Get your market update from nickcawley1 here:
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GBP/USD Forex Signal: Sterling Continues to Grind AheadThe GBP/USD price continued rising as sentiment over Rishi Sunak\u2019s government.
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GBP/USD’s Outlook Remains Bleak Ahead of BoE’s November MeetingNew UK administration has brought more stability to the local bond and currency market, but economic slowdown and rising inflation pose greater risks. FOMC and BoE are expected to hike 75-bp this week. GBP/USD outlook likely to remain gloomy.
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