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GBPUSD

Technical Summary

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IndicatorS3S2S1PR1R2R3

News

Nervous calm as dollar prepares for inflation test

By Tom Westbrook and Alun John SINGAPORE/HONG KONG , Aug 10 (Reuters) - Major currencies held steady on Wednesday, with traders cautious about placing large bets ahead of U.S. inflation data, which markets will scrutinise for guidance on how steeply the U.S. Federal Reserve will raise interest rates in coming months. The figures are due at 1230 GMT
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Nervous calm as dollar braces for inflation test

By Tom Westbrook and Alun John SINGAPORE, Aug 10 (Reuters) - Major currencies held steady on Wednesday with traders reluctant to place large bets ahead of U.S. inflation data, which markets will scrutinise closely for guidance on how steeply the U.S. Federal Reserve will raise interest rates in the coming months. The figures are due later in the gl
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Dollar trades solidly in calm before CPI storm

By Tom Westbrook SINGAPORE, Aug 10 (Reuters) - The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will be required to rein it in. The figures are due at 1230 GMT. Economists expect year-on-year headline infl
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Dollar edges higher as traders await U.S. inflation report

By John McCrank NEW YORK, Aug 9 (Reuters) - The safe-haven dollar edged higher on Tuesday, erasing earlier losses as risk appetite dwindled ahead of key inflation figures that could offer clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September. The dollar index USD= , which measures the currency's value a
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Dollar edges lower as traders await U.S. inflation report

By John McCrank NEW YORK, Aug 9 (Reuters) - The dollar edged lower on Tuesday in thin summer trading with market participants in wait-and-see mode ahead of key inflation figures that could shed more light on how aggressive the Federal Reserve might be in its expected interest rate hike in September. Traders are widely expecting Wednesday's U.S. Con
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