GBP/USD Outlook: Dollar Extends Gains After Upbeat Data
BOE’s Silvana Tenreyro warned of the risks of raising rates too high. Core inflation in the US increased by 0.6% last month. Consumer spending in the United States rose by 1.8% last month. Today’s GBP/USD outlook is bearish. The dollar was at the forefront on Monday thanks to a barrage of upbeat US economic data. … Continued The post GBP/USD Outlook: Dollar Extends Gains After Upbeat Data appeared first on Forex Crunch.
BOE’s Silvana Tenreyro warned of the risks of raising rates too high. Core inflation in the US increased by 0.6% last month. Consumer spending in the United States rose by 1.8% last month. Today’s GBP/USD outlook is bearish. The dollar was at the forefront on Monday thanks to a barrage of upbeat US economic data. … Continued
The post GBP/USD Outlook: Dollar Extends Gains After Upbeat Data appeared first on Forex Crunch.
