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Dollar Strength Holds as Fed Warsh Nomination and Japan Election Shake GBPUSD

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Dollar holds gains amid Fed chair Warsh nomination; GBPUSD falls slightly on yen weakness and potential Japanese fiscal expansion.
  • Market expects steady US rate cuts later this year with inflation caution.
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GBPUSD price history

1.35 +0.75% over the displayed period

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