GBP/USD Analysis Today 11/4: Breaking 1.25 Support (Chart)
Pound sterling dips to two-month low at 1.2520 against USD following strong US inflation data, reducing expectations of significant Fed rate cuts.
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Pound sterling dips to two-month low at 1.2520 against USD following strong US inflation data, reducing expectations of significant Fed rate cuts.
GBP/USD rebounds above 1.2710 amidst a pause in USD gains, with focus on upcoming US inflation data and Federal Reserve meeting minutes.
Gold futures hit new highs, with potential to reach $2,400/ounce amid strong uptrend and investor interest, despite rising Treasury yields and USD
GBP/USD falls below $1.26 amid strong US job data, raising expectations of fewer Fed rate cuts. Market eyes US inflation data for further direction.
Gold hits record $2,305/oz, fueled by Powell's hints at rate cut, strong US jobs data. Markets eye Fed's policy amid global tensions.