Pound Sterling Price News and Forecast: GBP/USD slips as Hormuz attacks revive USD demand
The post Pound Sterling Price News and Forecast: GBP/USD slips as Hormuz attacks revive USD demand appeared on BitcoinEthereumNews.com. British Pound slips as Hormuz attacks revive USD demand The Pound Sterling (GBP) retreats against the US Dollar (USD) on Tuesday as tensions in the Middle East rise, following reports of attacks on two ships in the Strait of Hormuz. The GBP/USD pair trades at 1.3373, down 0.11%. Read More… British Pound gains as easing Fed hike bets weigh on US Dollar GBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment report that revealed fewer jobs added across April, May, and June than Wall Street had anticipated. Read More… Pound Sterling rallies into its own coronati