EUR/USD

GBP/USD Volatility Holds Steady Near 1.3500 as Fed Cuts Rates and Politics Shape Markets

GBP/USD remains steady near 1.3500 following the Federal Reserve’s recent rate cut and ongoing political factors. The Fed’s 25-basis-point cut signals caution over U.S. growth and inflation while political pressure on the Fed adds uncertainty. Brexit developments continue to influence Sterling sentiment. Market watchers see 1.3500 as a key pivot with potential moves toward 1.3700 or back down to 1.3300 based on upcoming data and geopolitics.

GBP/USD

GBP/USD: Resilient above 1.35 as Fed Cuts Overshadow Chair’s Hawkish Hints

GBP/USD holds firm above 1.35 as market focus shifts from hawkish Fed Chair comments to expectations of a Fed rate cut. UK’s economic resilience and vaccine progress support the pound amid ongoing volatility. Central bank divergence and global risk sentiment remain key drivers to watch.
Read more: https://www.tradingnews.com/news/gbp-usd-price-forecast-pound-holds-1-35-fed-cut-trumps-fed-chair

AUD/USD

**AUD/USD Soars to 15-Month Highs on US Dollar Weakness and Robust Australian Economy**

The Australian dollar has surged to its highest level in 15 months against the US dollar, breaking above 0.68. Driven by softer US inflation data, expectations of earlier Fed rate cuts, and Australia’s resilient economy and commodity exports, AUD/USD shows strong momentum. Market watchers will be eyeing RBA’s stance and upcoming global data for further clues on this rally.

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