Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
GBP/USD continues to backtrack as Dollar gains on Trump comments
Earlier this afternoon the US President formally seemed to reject any notion of a proposed 10 day ceasefire from the Iranian side and that has helped a further flight into the US currency. The Pound was struggling anyway and the EUR/USD is edging back towards the 1.14 handle again. The USD/JPY has not reached 162.80 and hence very close to the current 2026 high, at 162.84.
The Pound is faring the worst of all those currencies though and that has been partly driven by a further rebound in the EUR/GBP, which has now traded above 0.8525 and close to 0.8530. Hence, the GBP/USD just now hit a session low at 1.3384- quite a far cry from the 1.3456 high seen after the UK data earlier this morning. The GBP/USD is right now at 1.3391
Market News
All News-
Anthropic (ANTHROPICUSDT) markedly higher since yesterday and here is why
Yesterday we ran an update on the tokenised price of the pre-IPO AI stock- Anthropic- ANTHROPICUSDT. In that update we noted how the price had gotten...
-
S+P 500 futures step further into the red
The opening outlook for the Nasdaq 100 has just now seen the futures price the lowest opening of the day so far, at around 28,840 and that has weighed...
-
Brent takes a breather for the time being
Earlier reports noted how oil prices had continued to charge higher today and subsequent to a previous update, the price of Brent crude rose even...