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GBP/USD Slips as Weak US Payrolls Revision Keeps Fed Cut Bets Intact

GBP/USD retreats during the North American session after the latest Nonfarm Payrolls revision, which was worse than expected. At the time of writing, the pair trades at 1.3542 after hitting a daily high of 1.3590, down 0.01%.

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4 Articles

interest.co.nz

NZD little changed despite wobbles elsewhere

Significant downward revision for US non-farm payrolls brings brief market reaction. Focus now on upcoming PPI and CPI data. US Treasury yields push higher

3 days ago

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revistafortuna.com.mx

Barclays Sees Three Cuts in Us Interest Rates After Revised Non-Agricultural Payroll Data

Read time approx.: 3 minutes, 4 secondsThe reduction in job growth reflects lower labor demand by companies, among other factors, due to uncertainty about trade and tariff policy, and lower labour supply growth in the face of tighter immigration restrictions.The English investment bank Barclays said in a paper distributed on Tuesday that raised its expectation about the number of cuts in the US interest rate from two to three this year following…

3 days ago

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currencynews.co.uk

GBP/USD Forecast: Dollar Resilient Despite Jobs Shock

Live Rates: GBP/USD 1.3541 (-0.09%) | EUR/USD 1.1726 (-0.36%) | USD/JPY 147.24 (-0.09%) The Pound US Dollar (GBP/USD) exchange rate ticked lower on Tuesday following the publication of the latest non-farm payrolls annual revision from the US.

3 days ago

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