pair not only justifies the broadly firmer US Dollar but also traces the options market signals as it braces for the first negative week in five.
It’s worth noting, however, that the daily RR prints the strongest figure in over a week, to +0.025, as traders remain cautious ahead of the Federal Reserve's favorite inflation number, namely the US Core Personal Consumption Expenditures –In addition to the options market signal and pre-data anxiety, downbeat catalysts from the UK also weigh on the GBP/USD prices of late.GBP/USD retreats to 1.2400 as Fed vs.
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