The pound weakened against the USD after US Treasury yields rallied coupled with some hawkish Fed speak which will continue today.
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oct 3, 20232023-10-03 10:30:04slipped once again this Tuesday morning against the US dollar after US specific factors dominated the macroeconomic environment. US manufacturing PMI's surprised to the upside relative to UK PMI data yesterday, emphasizing the superior economic position that the US finds itself.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pound Sterling Price News and Forecast: GBP/USD remains under selling pressure near 1.2180The GBP/USD pair remains on the defensive below the 1.2200 barrier and trades in negative territory for the fifth consecutive week during the early Eu
Read more »
British Pound Technical Outlook: GBP/USD, GBP/JPY May Fall as Sterling Remains PressuredFrom a technical perspective, the British Pound is appearing increasingly vulnerable to the US Dollar and Japanese Yen. Will GBP/USD and GBP/JPY continue lower from here?
Read more »
Pound Sterling Price News and Forecast: GBP/USD needs to stabilize above 1.2200 to keep buyers interestedThe Pound Sterling (GBP) surrendered gains as the S&P Global reported a contraction in the United Kingdom's Manufacturing PMI for the 14th time in a r
Read more »
Boxing pound-for-pound rankings: Canelo Alvarez back in Top 5 after outclassing Jermell CharloBy, oh, the fourth round of his defense of his undisputed middleweight championship on Saturday at T-Mobile Arena in Las Vegas against Jermell Charlo, there was never any doubt that Canelo Alvarez would move up in the Yahoo Sports pound-for-pound ranking of the world's finest boxers.
Read more »
GBP/USD seems vulnerable below 1.2100, multi-month low on sustained USD buyingThe GBP/USD pair is seen oscillating in a narrow trading band below the 1.2100 mark and consolidating its recent losses to the lowest level since Marc
Read more »