Dollar slips ahead of Fed rate decision; Powell’s speech in spotlight
Dollar slips ahead of Fed rate decision; Powell’s speech in spotlight
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Pound Near 1.3000 After Inflation Data; Euro Falls After Rate Cut
The upward momentum of the U.S. dollar continues to build: GBP/USD traded below 1.3000 this week; EUR/USD tested 1.0800; USD/JPY buyers strengthened the price above the key support level of 150.00. GBP/USD On Wednesday, the release of the UK Consumer Price Index (CPI) confirmed market expectations that the Bank of England may soon cut its…
