Forex Today: Pound Sterling falls on soft UK inflation, focus shifts to Fed

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Forex Today: Pound Sterling falls on soft UK inflation, focus shifts to Fed
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Here is what you need to know on Wednesday, September 20: Pound Sterling weakened against its major rivals early Wednesday as investors reacted to sof

, however, limited the Canadian Dollar's gains and the pair erased a large portion of its daily gains in the late American session. At the time of press, the pair was moving sideways near 1.3450.price continued to stretch higher on Tuesday but struggled to gather bullish momentum. With the benchmark 10-year US Treasury bond yield holding comfortably above 4.3% ahead of the Fed event, XAU/USD stays in a consolidation phase slightly above $1,930.

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