GBPUSD has been dragged back below the 1.220 psychological level.
The just-released UK wages data suggests that pay growth is easing, which may allow the Bank of England to hold back from proceeding with another rate hike.
USD bulls are trying to push towards the 106 round number as markets await the Fed’s Chair Powell to shed light on the future interest rate policy. ...
The USDInd has soared to a 10-month high, leaving its G10 peers, such as JPY, EUR, and GBP, trailing in the greenback’s wake....
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