GBP/USD holds steady amid soft US inflation, ahead of Fed and BoE's decision
The GBP/USD was virtually unchanged in the mid-North American session on Friday after data from the United States (US) was released.
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The GBP/USD was virtually unchanged in the mid-North American session on Friday after data from the United States (US) was released.
The Pound Sterling gathered further strength against the United States Dollar (USD) this week, as GBP/USD renewed a two-month high just shy of the 1.2600 level.
However, rate cuts this year are far from a given, PM says
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Gold prices edged up on Thursday, as investors awaited developments in the drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the US dollar rising to an over two-month high. Spot gold rose 0.2% to $1 961.55 per ounce by 09:47 GMT. US gold futures were steady at $1 964.10.