GBP/USD Dips as US Inflation Data Signals Fed’s Cautious Approach to Easing
GBP/USD Trading Update US Dollar Strengthens on Inflation Data GBP/USD is trading marginally lower in the 1.3060s on Wednesday after the release of US inflation data leads to an appreciation in the US Dollar (USD). The data has raised expectations of a more measured approach to easing from the Federal Reserve (Fed), causing the USD…