GBP/USD: Sterling Extends Advance on Growing Expectations for More Dovish Fed

Cable continues to benefit from rising expectations for more dovish Fed after US labor data on Friday added to signals that the central bank would further ease the pace of policy tightening, increasing the possibility for 25 basis points hike in the next meeting and lowering expectations for 0.5% hike. Sterling rallied 1.6% on Friday, […]

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