Pound Sterling extends losses against US Dollar as trade concerns ease
The Pound Sterling retraces further to near 1.3460 against the US Dollar as the Greenback recovers amid optimism on the EU-US trade front. The improvement in US-China trade relations has boosted US Consumer Confidence. Markets don’t expect the BoE to cut interest rates in June. The Pound Sterling (GBP) extends its correction to near 1.3460 … Read more