Sterling hits nine-week high above 1.3500 as UK GDP beats and the dollar slips
Sterling was the best-performing major currency on Wednesday, pushing GBP/USD to its highest level in nine weeks. A UK GDP…
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GBP/USD Holds Above 1.3500 as Dollar Weakens on Soft Inflation
GBP/USD has cleared the 1.3500 barrier and is consolidating above a broken long-term descending trendline, a move analysts read as…
Aussie Rally to 0.7000 May Fade as Charts Flag Reversal Before US Retail Sales
AUD/USD retested 0.7000 as a softer US dollar followed this week’s cooler inflation data, lifting the pair 2% off its…
USD/CAD Near Four-Week Low as Soft US Data and Firm Oil Pressure the Dollar
USD/CAD is holding just under the mid-1.4000s after touching a four-week low, with softer US inflation data and firm crude…
USD/JPY eases toward 162.00 as soft US inflation data trims Fed rate-cut bets
USD/JPY eased toward 162.00 at Thursday’s European open, holding marginal losses as the pair coiled into a triangle pattern. Softer…
