FIND OUT MORE: how lower-than-expected UK inflation is affecting GBPUSD, the inverse relationship between the Pound and the FTSE 100, as well as potential targets for UK100_m bulls.
The greenback has tumbled since topping out and printing a “doji” candle around a month ago at 105.88 on the widely followed DXY index. The low print yesterday at 101.41 was down over 4% from that peak as the USD has struggled with a huge reset of Fed rate hike bets.
FIND OUT MORE: how lower-than-expected UK inflation is affecting GBPUSD, the inverse relationship between the Pound and the FTSE 100, as well as poten...
FTSE100 inflation Bank of England Stocks rate hikes BoE GBPUSD British Pound Sterling