GBP/USD slides near 1.3430 as Trump softens rhetoric on Greenland
The GBP/USD pair turned negative the day after US President Donald Trump’s remarks in Davos that he would not use excessive force to seize Greenland. At the time of writing, the pair is trading at 1.3433, down 0.03%. Read more…
The pound sterling underperformed even as UK inflation rose more than expected
The British pound underperformed its major peers on Wednesday after the UK’s Office for National Statistics (ONS) reported that inflation grew faster than expected in December. Read more…
GBP/USD holds gains near 1.3450 ahead of UK CPI data
The GBP/USD pair remains in positive territory for the third session in a row, trading around the 1.3430 level during Asian hours on Wednesday. The pair rises as the British pound gets support after the release of UK employment data on Tuesday for the three months through November. Employment rose by 82K after a contraction of 17K in the previous period. Read more…
