GBPUSD Soars on Iran De-escalation Hopes as BOE Rate Hike Bets Fade
GBPUSD rallied 0.7% as hopes rise for Iran war de-escalation, weakening BOE rate hike expectations and reducing gilt yields amid easing energy prices.
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GBPUSD rallied 0.7% as hopes rise for Iran war de-escalation, weakening BOE rate hike expectations and reducing gilt yields amid easing energy prices.
U.S. stocks rallied led by Nvidia and Meta amid easing oil prices and central bank meetings. Nvidia’s CEO outlined new plans, while Meta plans significant layoffs. Energy concerns from Middle East co…