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GBPUSD Slides as Bank of England Cut Bets Surge Amid US-China Trade Truce and Fed Rate Cut Hopes

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

News Summary

  • Dollar gains on signs of US-China trade truce and expected Fed rate cut, while GBPUSD falls sharply amid rising bets on Bank of England easing.
  • Australian inflation data dampens RBA rate cut expectations.
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GBPUSD price history

1.34 +0.00% over the displayed period

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