GBP / USD is falling to 1.3750 and looks at last week’s lows from FOMC minutes ago

  • The strong US dollar pushes the GBP / USD pair flat to 1.3750.
  • The minutes of the FOMC meeting will be published at 18:00 GMT.

GBP / USD transfer GBP / USD Definitely a decline in recent hours amid the rise of the US dollar. The British pound reached 1.3755, which is the lowest level since last Friday. He is still under pressure at the bottom, looking at last week’s low of 1.3730.

The US dollar does it again

As on Tuesday, the US dollar accelerated upwards during the US session as it turned in stock its trend despite lower US yields; The same pattern on Tuesday. Yield decreased bond The ten-year period is below 1.30% for the first time since mid-February. The Dow Jones failed to stabilize at a positive level and fell by 0.28%.

Arrive dollar index The US dollar reached 92.80, which is the highest level since April. It rises for the second day in a row (+ 0.23%) and remains at the top as traders wait for FOMC minutes from their last meeting.

Market participants will closely follow the minutes of the June meeting with an eye on scaling guidelines back to the asset purchase program. Officials’ comments on the future monetary policy exchange rate can also lead to sharp steps.

Technical levels of monitoring


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button