GBP/USD strikes 1.2550 in the middle of low trading volume
GBP/USD trades near 1.2570 as volume stays low throughout the vacation week.
The United States Dollar Index DXY remains steady around 108.15, revealing little motion.
Fed's progressive rate of interest cuts expectations weigh on the Greenback.
The GBP/USD set has actually seen a modest increase to 1.2550, as low trading volume identifies the marketplace today due to the upcoming Christmas vacations. The set has actually been combining, with very little rate action as the marketplace adapts to a peaceful vacation duration. The United States Dollar Index (DXY) is mainly flat, hovering above 108.00, revealing no substantial modifications as traders wait for more financial information.
In the wider photo, the United States Dollar keeps a strong footing. Expectations for a slower rate of...