The pound is slightly lower on Friday, after taking investors on a roller-coaster ride a day earlier. GBP/USD was up over 100 points on Thursday after the US inflation report, but the pound surrendered almost all of these gains later in the day. The UK treated the markets to data dump on Friday, but the […]
The post Pound Yawns after UK GDP as Expected appeared first on Action Forex.
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They were hoping for 80%. Maybe 50%. What nobody expected was the dramatic rollback of all reciprocal China tariffs to 10%. But that’s precisely what we got after a weekend of negotiations that involved Treasury Read more…