GBP/USD holds steady near 1.3450 as lower US CPI revives Fed bets on cuts
The British Pound (GBP) turned negative on Tuesday, but remains near its opening price after the latest US inflation report opens the door for the Federal Reserve to ease policy further in 2026. At the time of writing, GBP/USD is trading at 1.3450, down 0.03%. Read more…
Sterling remains forceful against the US dollar ahead of US CPI data
The pound sterling (GBP) maintains Monday’s gains around 1.3470 against the US dollar (USD) during Tuesday’s European trading session. The GBP/USD pair is clearly ahead of the US Consumer Price Index (CPI) data for December, which will be published at 13:30 GMT. Read more…
GBP/USD gains strength above 1.3450 as Fed independence amid fears of pressure on US dollar
During Tuesday’s European session, the GBP/USD pair increases to around 1.3470. The dollar is weakening against the pound sterling (GBP) following the U.S. Department of Justice’s threat to indict Federal Reserve (Fed) Chairman Jerome Powell over comments to Congress about a building renovation project. Read more…
