Pound Sterling gains sharply against US Dollar on slower US inflation growth

Global FX Market Summary: Softer US Inflation, Central Bank Monetary Policy Outlooks, Market Expectations 14 May 2025 - FinanceFeeds

Softer US inflation cooled rate hike fears, weakened USD, boosted EUR; diverging central bank outlooks fueled currency moves and positioning. Softer US Inflation Data and its Impact on the US Dollar: The primary catalyst for the recent movements, particularly the jump in EUR/USD, was the release of softer-than-expected US inflation figures for April. The US Bureau of Labor Statistics reported that the annual Consumer Price Index (CPI) edged lowe…

GBP/USD Forecast: Pound Climbs vs Dollar on Soft US Inflation Data

May 13, 2025 – Written by Tim Boyer STORY LINK GBP/USD Forecast: Pound Climbs vs Dollar on Soft US Inflation Data The Pound US Dollar exchange rate gained ground on Tuesday as the US released its latest inflation reading. At the time of writing, GBP/USD was trading at approximately $1.3245, up roughly 0.5% from the start of Tuesday’s session. The US Dollar (USD) came under pressure on Tuesday following the publication of a softer-than-expected…

Pound Sterling gains sharply against US Dollar on slower US inflation growth

The Pound Sterling (GBP) jumps to near 1.3250 against the US Dollar (USD) during North American trading hours on Tuesday. The GBP/USD pair strengthens as the US Dollar falls back after the United States (US) Consumer Price Index (CPI) report showed that inflationary pressures cooled down in April.