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Sterling Strengthens Toward 1.3550 as Fed Rate-Hike Bets Fade, UK Jobs Data Ahead

In early Asian trade on Tuesday, GBP/USD is trading near 1.35482. Earlier, as U.S. inflation data cooled, traders pared back Fed rate-hike bets, the dollar softened against the…

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In early Asian trade on Tuesday, GBP/USD is trading near 1.35482. Earlier, as U.S. inflation data cooled, traders pared back Fed rate-hike bets, the dollar softened against the pound, and the pound approached 1.3550.

Original: https://www.fxstreet.hk/news/ying-bang-zou-qiang-jie-jin-13550-yin-mei-lian-chu-jia-xi-ya-zhu-jian-ruo-ying-guo-jiu-ye-shu-ju-lin-jin-202608180129

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