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GBPUSD Rebounds as Dollar Falters on Fed Independence Concerns | Reuters | Login to see the signal | |
Sterling rises against weakening dollar as traders focus on Fed/TrumpSummarySterling rose as the dollar weakened on concerns about U.S. Fed independence and legal actions, with GBPUSD at 1.3502 and monthly gains; BoE rate-hold signals and higher UK producer inflation also influenced moves amid fiscal risks. |
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GBPUSD Slides on Dollar Strength Despite BoE Hawkish Remarks and Rising UK PPI | Reuters | Login to see the signal | |
Sterling retreats as dollar rebounds, traders digest British PPISummarySterling slipped as the U.S. dollar strengthened, with GBPUSD down 0.33% at 1.3434. Strong UK CPI and producer price inflation plus hawkish BoE comments support sterling's upside bias despite near-term dollar pressure. |
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GBPUSD Rallies as Trump Firing of Fed Governor Sparks Dollar Weakness | Reuters | Login to see the signal | |
Sterling ticks up against dollar after Trump's Fed salvoSummarySterling rose after Trump announced he was firing Fed Governor Lisa Cook, weakening the dollar amid Fed independence concerns; UK shop prices jumped, keeping Bank of England rate cuts unlikely and supporting GBP strength. |
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