GBPUSD rallies after weaker US PPI data The GBPUSD is extending its rally after weaker-than-expected US Producer Price Index data. The data reinforced the view that inflation pressures continue to ease. Treasury yields moved lower, with the two-year yield f
GBPUSD rallies after weaker US PPI data
The GBPUSD is extending its rally after weaker-than-expected US Producer Price Index data.
The data reinforced the view that inflation pressures continue to ease.
Treasury yields moved lower, with the two-year yield falling around 4 basis points, prompting another wave of US dollar selling.
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