GBP/USD climbed on Wednesday after the Fed cut rates by 50 basis points, citing greater confidence that inflation will continue to trend toward its 2% annual target. Half a percentage point rate cut decision

It was a big week for USD headlines. It's been a slower week for price action, however, as bears weren't able to drive despite a fresh yearly low showing shortly after the rate cut announcement. But USD is a composite,

The GBP/USD exchange rate is bracing for volatility as the UK releases the August inflation report ahead of the Federal Reserve and Bank of England (BoE) interest rate decisions. It was trading at 1.3165 on Wednesday,

Fed’s policy hints spark speculation over USD trend reversal. Read our GBP/USD and EUR/USD forecast to stay ahead of key market shifts.

The Pound US Dollar (GBP/USD) was trapped in a narrow range on Tuesday as markets braced for the Federal Reserve’s imminent interest rate decision.

GBP/USD pared back on Thursday, declining back toward 1.3150 as investors buckle down for the wait to Wednesday’s broadly-antiicpated rate cut from the Federal Reserve (Fed), where the US central bank is expected to kick off a rate cutting cycle.

The dollar held steady after strong U.S. retail sales, dampening expectations of large rate cuts as traders await the Federal Reserve’s decision and news conference later today.

The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive stance by the Federal Reserve when it delivers a much expected interest rate cut.