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GBP/USD Falls as Dollar Strength Threatens Sterling’s Rate Advantage

Cable relinquished the 1.3500 threshold and continued its downward trajectory. GBP/USD traded at 1.3470 during the New York morning, reflecting a decline of 0.38% for the session. The pair began the European day near 1.3505 and recorded a value of 1.3482 by 8:25. The pair currently occupies the lower boundary of its monthly range, lacking … Read more

EUR USD Up

EUR/USD Stalls as ECB and Fed Decisions Put Rate Differentials in Focus

EUR/USD trades at 1.16298, reflecting an increase of 0.0005 or 0.05%, with the emphasis on the lack of significant movement. The pair has appreciated by 0.76% over the past month, while it has depreciated by 0.62% over the course of twelve months. During a session in which Brent reached $101, the U.S. 10-year yield registered … Read more

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