GBP/USD extends gains as US inflation disappoints
The US dollar remained on the defensive on Thursday in the wake of the latest US inflation figures.
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The US dollar remained on the defensive on Thursday in the wake of the latest US inflation figures.
The US dollar suffered broad weakness on Tuesday in response to a drop in US Treasury yields.
The pound traded in a wide range on Monday in response to concerns over how Brexit has impacted UK exports.
The US dollar’s recent bullish run came to a close on Friday following the publication of the latest US payroll figures.
The pound jumped on Thursday as GBP investors reacted to the Bank of England’s (BoE) latest policy decision.
The pound was left muted on Wednesday as a slightly stronger-than-expected PMI release failed to stir any movement in the currency ahead of the Bank o
The euro remained on the defensive yesterday as the Eurozone’s latest GDP figures all but confirmed the bloc is in the midst of a double-dip recession
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