The Pound Sterling (GBP) rebounds from the key support of 1.3200 against the US Dollar (USD) in Thursday’s European session.
The Pound Sterling moves higher back above 1.3200 against the US Dollar following Wednesday’s pullback. Traders focus on US core PCE inflation data for July, which can influence market speculation about the Fed ’s rate cut size. Investors see the BoE delivering one more interest rate cut this year. The Pound Sterling rebounds from the key support of 1.3200 against the US Dollar in Thursday’s European session.
12% 0.15% -0.17% -0.39% 0.25% AUD 0.19% 0.45% 0.30% 0.34% 0.17% -0.19% 0.44% NZD 0.39% 0.66% 0.51% 0.58% 0.39% 0.19% 0.63% CHF -0.25% 0.06% -0.09% -0.08% -0.25% -0.44% -0.63% 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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