United States 4-Week Bill Auction remains unchanged at 5.27%

May 16, 2024

GBP/USD Price Analysis: Cable retreats as buyers struggle to clear 1.2700

The Pound Sterling erased Wednesday’s gains against the US Dollar as investors pushed the major to new weekly highs on the disinflation evolution in the United States (US).

US Dollar gains some ground as sellers take breather, outlook tilted to downside

The US Dollar Index (DXY) is mildly trading up at 104.45 on Thursday as sellers seem to be consolidating the sharp downward movement from Wednesday's session.