GBP/USD edges higher despite soaring UK borrowing – Crypto News – Crypto News
Connect with us
GBP/USD whips but sees little momentum as markets digest middling Fed Powell comments GBP/USD whips but sees little momentum as markets digest middling Fed Powell comments

others

GBP/USD edges higher despite soaring UK borrowing – Crypto News

Published

7 months ago

on

GBP/USD edges higher despite soaring UK borrowing as Dollar slips further

The GBP/USD advances modestly during the North American session as the US dollar extends its losses for two straight days, despite data showing that UK government borrowing soared in June. At the time of writing, the pair trades at 1.3504 up 0.12%. Read More…

Pound Sterling trades stable while focus shifts to flash UK/US PMI data

The Pound Sterling (GBP) demonstrates stability against its major peers on Tuesday, with investors awaiting preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for July, scheduled for release on Thursday. Read More…

GBP/USD edges lower below 1.3500 as uncertainty deepens ahead of August 1 tariff deadline

GBP/USD inches lower after registering more than 0.5% gains in the previous session, trading around 1.3480 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) remains steady as traders adopt caution due to prevailing uncertainty ahead of US President Donald Trump’s August 1 tariff deadline. Read More…

 

Related Topics:
Continue Reading

Trending