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
- AUD/USD Outlook: Risk Appetite Falters Ahead of US Jobs Report - June 30, 2025
- EUR/USD Weekly Forecast: Buyers Dominate Ahead of US Data - June 30, 2025
- GBP/USD Weekly Forecast: Bulls Pauses at 1.37, Eyes on US NFP - June 30, 2025