Initial jobless claims in the US fell, pointing to a still-tight labor market. The SVB Financial Group will seek Chapter 11 bankruptcy protection. The banking crisis has clouded monetary policies in the US and the UK. The GBP/USD weekly forecast is slightly bearish as banking sector worries might continue in the coming week, boosting the … Continued
The post GBP/USD Weekly Forecast: Deep Banking Crisis to Halt Gains appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- GBP/USD Outlook: Fed Rate-Cut Expectations Decline - March 28, 2024
- Gold Price Retains Momentum Near $2,200 Ahead of US GDP - March 28, 2024
- USD/JPY Forecast: Japan’s Intervention Warnings Boost Yen - March 28, 2024