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GBP/USD remains under 1.3200 before US NFP data

GBP/USD remains under 1.3200 before US NFP data

The GBP/USD pair is set to decline further, hovering around 1.3195 during the Asian trading session on Friday. The Bank of England (BOE) may lower bank fees from 4.25% to 4.0% next week. Trump has maintained a global tariff rate at a modest 10%. During Friday’s Asian session, the GBP/USD exchange rate is expected to […]

Australian Dollar weakens after poor PMI data from China.

Australian Dollar weakens after poor PMI data from China.

The Australian dollar remains stable, maintaining a 10% baseline tariff on Australian goods. China’s Caixin Manufacturing PMI dropped to 49.5 in July from 50.4 in June, falling short of the anticipated 50.3. Non-farm salaries in the US are expected to remain in a positive range. On Friday, the Australian Dollar (AUD) hit a notable point, […]