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.
Read Full Story
- EUR/USD Outlook: Euro Pauses Rally as ECB Rate Cut Looms - June 6, 2025
- EUR/USD Outlook: Pulls Back from 6-Week Top, Eyes on NFP - June 6, 2025
- USD/CAD Forecast: Loonie Jumps after BoC Pause - June 5, 2025