The Pound Sterling (GBP) exhibits a lackluster performance against the US Dollar (USD) in Wednesday’s London session.
The Pound Sterling trades sideways against the US Dollar as investors shift focus to the US core PCE inflation data for May. UK’s high wage inflation refrains BoE policymakers from committing to interest rate cuts. Uncertainty over the UK’s parliamentary elections will keep the Pound Sterling on tenterhooks. The Pound Sterling exhibits a lackluster performance against the US Dollar in Wednesday’s London session. The recovery move in the GBP/USD pair from the more than five-week low of 1.
62% -0.05% -0.07% GBP -0.12% 0.10% 0.00% -0.05% -0.52% 0.07% 0.05% JPY -0.13% 0.12% 0.00% -0.04% -0.54% 0.06% 0.05% CAD -0.08% 0.17% 0.05% 0.04% -0.53% 0.09% 0.08% AUD 0.42% 0.62% 0.52% 0.54% 0.53% 0.57% 0.57% NZD -0.15% 0.05% -0.07% -0.06% -0.09% -0.57% 0.00% CHF -0.16% 0.07% -0.05% -0.05% -0.08% -0.57% -0.00% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.
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