26.09.2022
Chicago 12, Melborne City, USA
Politics

GBP / USD Outlook: Cable Bounces after US CPI Data as Markets Digest Results:

Cable fell below 1.23 handle after US CPI data came above expectations in April, but dip stayed above new 2022 low (1.2260) posted on Monday and subsequent bounce pushed the price to the mid-point of the near-term range which extends into fourth straight day. Persisting high US inflation adds to expectations that the Fed would…

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