GBP/USD Weekly: Pound Sterling weakens further as Middle-East tensions, inflation lift US Dollar fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Gold Price Forecast: XAU/USD down but not out on looming geopolitical risks fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Dollar remains firm in Asian session after the strong post-CPI rally. US stocks were deeply sold off as a June Fed rate cut is further priced out by the markets. Market attention is now keenly focused on the upcoming PPI for March, as well as University of Michigan's consumer survey results. Should today's PPI data reveal strong figures, followed by heightened consumer inflation expectations tomorrow, it could further delay the Fed's anticipated rate reduction timeline, thereby reinforcing the Dollar's strength.
Dollar to Pound Exchange Rate Rallies as US Inflation Heats currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.