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GBP/USD Weekly Forecast: Dollar Soars on Fading Fed’s Cut

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

US inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts in 2025. Traders expect policy meetings in the UK and the US. The GBP/USD weekly forecast indicates a decline in 2025 Fed rate cut expectations, which is supporting the greenback. Ups and downs of GBP/USD…
The post GBP/USD Weekly Forecast: Dollar Soars on Fading Fed’s Cut appeared first on Forex Crunch.
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