September 20, 2023

GBP/USD

GBP/USD, GBP/AUD attempt tepid recovery ahead of inflation data

The BoE may have an even more difficult time if UK inflation figures come in strongly. GBP/USD stays muted ahead of UK inflation data; GBP/AUD continues its downward movement following China and Australia data that strengthen the Australian currency.   BOE expectations and UK inflation  GBP/AUD The Bank of England (BoE) faces a greater difficulty …

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Rupee

Intra-day update: rupee strengthens further against US dollar

September 20, 2023 1:20 pm In advance of the Federal Reserve meeting on Wednesday, the Indian Rupee began the day strongly versus the greenback. On Wednesday, the local currency gained five pence to start at Rs 83.22 versus the US dollar. In response to rising crude oil prices, it had Monday’s closing rate versus the …

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