GBP/USD Price Analysis: Rallies toward 1.2700, bulls’ target YTD high
The British Pound registers gains of 0.21% against the US Dollar, although higher US Treasury yields failed to underpin the Greenback.
The British Pound registers gains of 0.21% against the US Dollar, although higher US Treasury yields failed to underpin the Greenback.
Silver price (XAG/USD) refreshes multi-year high at $30.50 in Friday’s New York session.
EUR/USD drops to 1.0840 in Friday’s European session as market sentiment over upcoming interest-rate cuts turns slightly cautious after Federal Reserve (Fed) policymakers supported keeping the monetary policy stance restrictive for a longer period.
EUR/GBP has continued falling within a multi-month range that began in January 2024.
The USD/JPY pair extends its recovery to 156.00 in Friday’s European session.
AUD/USD reached a key upside target on May 16 and has retraced.
USD/CHF extends its gains for the second day, trading around 0.9080 during the early European hours on Friday.
The EUR/JPY cross extends the rally around 169.20 during the early European trading hours on Friday.
EUR/USD continues to lose ground, trading around 1.0860 during the Asian hours on Friday.
USD/JPY rose to near 155.90 during the Asian session on Friday as the Japanese Yen (JPY) encountered renewed pressure.