GBP/USD retreats from YTD high as Fed holds rates steady signals further tightening GBPUSD Currencies Majors Fed InterestRate
Dot-plot reveals officials’ expectations for the Federal Funds Rate to reach 5.6% by the year’s end, hinting at further tightening.”
Fed forecasts bolstered growth at 1% in 2023 and a lower unemployment rate but anticipates elevated inflation with Core PCE estimated at 3.9%. held rates unchanged, in a buy-the-rumor, sell-the-fact reaction, as the GBP/USD is set to erase some of its earlier gains, which saw the GBP/USD reaching a new year-to-date high at 1.2698. At the time of writing, the GBP/USD is trading volatile at around the 1.2690/1.2640 area as traders brace for Jerome Powell’s press conference.
Federal Reserve officials projected growth at 1% in 2023, up from 0.4% in March, and the Unemployment rate was downward revised from 4.5% to 4.1%. The Fed’s preferred gauge for inflation, the Core PCE, is estimated at 3.9% compared to March 3.6%, while general PCE is estimated at 3.2% from 3.3%.The GBP/USD edged from 1.2680 and cracked the R1 daily pivot, as it hit 1.2626, before stabilizing around the current exchange rate at around 1.2640.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
GBP/USD Price Analysis: Cable bulls stall near 1.2600, pullback hinges on UK GDP, FedGBP/USD Price Analysis: Cable bulls stall near 1.2600, pullback hinges on UK GDP, Fed GBPUSD Technical Analysis Candlesticks ChartPatterns Macroeconomics
続きを読む »
GBP/USD prints bullish consolidation near 1.2600 on uninspiring UK GDP, Fed in the spotlightGBP/USD pays little heed to the mixed UK data as it remains sidelined around 1.2600 after a slew of British economics released heading into Wednesday’
続きを読む »
GBP/USD Forex Signal: Bets of Fed and BoE Divergence RiseThe GBP/USD exchange rate bounced back on Tuesday after the US published strong jobs numbers and after the BoE governor pointed to higher interest rates.
続きを読む »
GBP/USD holds gains around 1.2570 inspired by upbeat UK Employment, US CPI remains key
続きを読む »
GBP/USD trades with modest gains above 1.2500 mark ahead of UK jobs data, US CPIThe GBP/USD pair attracts some buying during the Asian session on Tuesday and reverses a part of the previous day's sharp retracement slide from the 1
続きを読む »
GBP/USD Price Analysis: Bounces off 10-DMA ahead of UK employment, US inflationGBP/USD clings to mild gains around 1.2520 as the Cable traders await the UK employment report on early Tuesday. In doing so, the Pound Sterling rever
続きを読む »