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GBPUSD - Middle East Tensions Weigh On Pound US Dollar (GBP/USD) Exchange Rate

19-04-2024 01:30

GBP/USD dips to fresh 5-month lows below 1.24 following an Israeli missile strike on Iran, with Federal Reserve policies limiting Pound recovery potential.

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EUR/USD, GBP/USD, DXY Price Forecast: DXY Above $106; Awaiting Central Bank Speeches

As the Dollar Index slightly retreats to $106.192, forex traders closely watch EUR/USD and GBP/USD for potential shifts following pivotal economic updates.

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Pound Dollar (GBP/USD) Slides On UK Retail Sales Miss

The Pound US Dollar (GBP/USD) exchange rate looks to end the week with a negative bias after UK retail Sales data fell short of market forecasts.

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GBP/USD stays firm amid BoE, Fed commentary and US data

GBP/USD remains flat, influenced by BoE's Megan Greene remarks and multiple Fed officials emphasizing rate patience. US economic updates reveal a decrease in Jobless Claims and a surge in the ...

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EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Treasury Yields Rebound

EUR/USD pulls back as traders focus on rising Treasury yields. The fundamental picture remains bearish for the euro as ECB will likely start cutting rates before the Fed. A move below the 1.0650 level ...

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