GBP/USD retreats from $1.39 amidst reopening jitters
The pound’s attempts to rally proved short lived on Monday, with domestic coronavirus concerns quickly stifling GBP demand.
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The pound’s attempts to rally proved short lived on Monday, with domestic coronavirus concerns quickly stifling GBP demand.
The US dollar trended lower on Friday, with demand for the ‘greenback’ weakening amidst a prevailing risk-on mood.
The pound slumped on Thursday as GBP investors were left disappointed by the lack of a hawkish tilt from the Bank of England (BoE).
The pound traded with modest gains on Wednesday, bolstered by fresh Brexit optimism.
The US dollar weakened again on Tuesday, after Federal Reserve Chair Jerome Powell testified before Congress.
The pound got off to a poor start last week, as GBP investors were dismayed by the government’s confirmation that England’s reopening date would be de
The US dollar took a tumble on Monday, as the currency was knocked by a bout of profit taking.
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