The Pound Sterling (GBP) continues its losing streak for the third trading day against the US Dollar (USD) on Monday.
The Pound Sterling remains vulnerable around 1.2670 as investors turn cautious ahead of the UK inflation for May and the BoE’s policy outcome. UK’s headline inflation is expected to come lower at the central bank’s target of 2%. Fed ’s Kashkari sees only one rate-cut move this year despite progress in disinflation has resumed. The Pound Sterling continues its losing streak for the third trading day against the US Dollar on Monday. The GBP/USD pair hovers near a monthly low at around 1.
11% NZD -0.10% -0.30% -0.19% -0.14% -0.19% -0.23% -0.05% CHF -0.06% -0.20% -0.13% 0.00% -0.16% -0.11% 0.05% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP /USD .
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