Category forex

Pound Falls To Lowest Level

Sterling loses 2.2% against USD in June The GBP/USD pair declined against the US dollar on Friday. The pair is set to close June with its worst monthly performance since July last year, trading near 1.3182. Current levels are the lowest since November last

US Dollar Holds Support

US macro data supports high-for-longer rates The US Dollar's structural support remains intact due to strong US macro data. Personal Consumption Expenditures Price Index inflation rose to 4.1% year-over-year in May. The data mix suggests a resilient growth