Pound Sterling Trades Mixed Ahead of Warsh’s Testimony, UK CPI Data
The Pound Sterling (GBP) demonstrates a mixed performance against its major currency peers during the late European trading session on Tuesday.
The Pound Sterling (GBP) demonstrates a mixed performance against its major currency peers during the late European trading session on Tuesday.
United States (US) President Donald Trump said during late European trading hours on Tuesday, through a post on Truth Social, that Iran has violated the terms of the two-week ceasefire numerous times.
TD Securities’ Global Strategy Team expects US Retail Sales for March to post strong gains, led by higher gasoline prices and solid control group spending. They see only a sideways move in auto sales and firm food services.
The US Dollar (USD) posts moderate gains against the Japanese Yen (JPY) on Tuesday, with price action returning above 159.00 after bouncing up from 157.59 lows on Friday. The pair, however, remains bouncing back and forth within a broadly 150-pip range, from 158.50 to the key 160.00 level.
Source: Investing.com News
Magnum Ice Cream Ranks Among Biggest Short Seller Bets in Europe Bloomberg
Source: Investing.com News
The US Dollar (USD) shows marginal gains against the Canadian Dollar (CAD) on Tuesday, trimming losses after a six-day selloff. The USD/CAD pair has reached session highs right above 1.3660 but remains relatively close to the five-week lows of 1.3635 set the previous day.
Source: Investing.com News
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