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GBP/USD Forecast: Trump Trade Eclipses Inflation Data

by Forex Crunch
November 14, 2024
in Forex Analysis
Reading Time: 1 min read

US consumer prices increased by 0.2% in October. Traders expect Trump’s policies to drive inflation and pause or significantly slow Fed rate cuts. BoE’s Catherine Mann noted that inflation might be higher than expected in the medium term. The GBP/USD forecast shows the dollar at new peaks as the Trump trade overshadows recent inflation figures….
The post GBP/USD Forecast: Trump Trade Eclipses Inflation Data appeared first on Forex Crunch.
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