GBP/USD Hovers Above 1.2500, Focus on UK Labor Data Scheduled for Tuesday

GBP/USD edges higher to near 1.2520 during the Asian session on Monday, possibly due to improved risk appetite.

FXStreet38minutes ago

The key indicator that determines the Fed's interest rate cut: rent!

Housing inflation weighs up to one-third of the CPI index and one-sixth of the PCE price index. Nick Timiraos said that in order for the inflation rate to return to the 2% level, the housing inflation rate must be reduced from the current 5.8% to around 3.5%.

wallstreetcn21:01 ET

US CPI hits with “horror data,” and Powell and other officials have successively introduced interest rate cut deals this week to face another major test

This week, key data will be released, including the US CPI, which investors are extremely concerned about, and retail sales known as “horror data.”

Zhitong Finance19:52 ET

GBP/USD Testing Daily Resistance Ahead of UK Data

Sterling ended the week a touch lower versus the US dollar, down -0.2% and snapping a two-week bullish phase.

FXStreet18:10 ET

US Dollar's Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USD

DailyFXMay 12 02:00 ET

Weekly Forex Analysis: EUR/USD, GBP/USD, AUD/USD and More [Video]

Weekly forex forecast covers forecast on EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD forecast. Our weekly forex forecast covers technical analysis, price action on major forex pairs, assets using the high-timeframes and market environment.

FXStreetMay 11 14:53 ET