Since the beginning of the year, the greenback has already fallen by nearly 10%, reaching a new low.

The GBP/USD exchange rate slipped for the third consecutive day as investors reacted to the latest interest rate decisions from the Federal Reserve and the Bank of England, as well as the performance of the gilt market.

Gold attracts some buyers on Friday and stalls a two-day-old corrective slide from a record high.

The Biden administration appointed people to key antitrust positions in the Federal Trade Commission and the Antitrust Division at the US Department of Justice who, in general, promised to make antitrust regulation tougher.

The Pound Sterling faces sharp selling pressure amid soaring UK gilt yields.

Indian share markets are trading negatively today, with the Sensex trading 255 points lower and the Nifty is trading 59 points lower.

The euro nudged up against the pound after the BoE rate hold, but EUR/GBP remains stuck in its 0.86–0.8750 range, favoring short-term trading setups.

Recent U.S. economic data shows a mixed picture: jobless claims dropped to 231,000, signaling labor market stability despite slower hiring due to tariff uncertainties and tighter immigration policies.

The Yen retreated as the Dollar gained over 200 pips in recent sessions. 149.00, where the previous rally came under pressure, is now a major ceiling to lift.