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The risk-averse market environment and the broad-based US Dollar (USD) strength following the June inflation readings from the US make it difficult for GBP/USD to attract buyers on Wednesday.
GBP/USD extends the rebound above 1.3400 in the early European session on Wednesday. The pair is helped by an upside surprise in the UK Consumer Price Index (CPI) data for June, which weighs on the ...
The GBP/USD exchange rate plummeted to the psychological level of 1.3400, its lowest point in three weeks. What next for the British pound?
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) but more gains against the British Pound (GBP) on ...
ING expects that the Pound will lose ground as fiscal and monetary policy concerns sap confidence, but it also expects dollar losses will resume later in the year. In this context, the bank forecasts ...
The CPI figures published by the US Bureau of Labor Statistics, reported that headline inflation accelerated from 2.4% to 2.7% as forecast last month, rising to its highest levels since February.
The Pakistani rupee (PKR) posted gains against the US Dollar (USD) and more gains against the British Pound (GBP) on Tuesday.
Yesterday’s US inflation failed to validate dovish bets on the Fed and triggered a bounce in the oversold dollar. We see more room for hawkish repricing in the coming weeks, and accordingly, upside ...
The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor ...
The dollar rose as top-line inflation figures landed in line with expectations, but under the surface, rising prices for some goods suggested tariffs could drive further price increases ahead.
FTSE 100 hits record high ahead of US CPI, while GBP/USD nears support and gold price recovers. The FTSE 100's rise from its late June low of 8695 has been followed by an advance to Monday’s high of ...
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Tuko News on MSNKenya's CMA Approves New US Dollar, Shilling Money Market Funds and Securities DealersThe Capital Markets Authority has approved new US dollar and Kenyan shilling money market funds, securities dealers, and trustees to deepen investment options.
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