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GBPUSD Soars on Fed Chair Indictment Threat and UK Fiscal Stability Boost

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

News Summary

  • Sterling rallied against the U.S.
  • dollar after threats of legal action against Fed Chair Powell weakened the dollar; UK fiscal risk reductions and upcoming economic data support a near-term pound strength outlook.
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GBPUSD price history

1.35 +1.50% over the displayed period

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