Pound Sterling Price News and Forecast: GBP/USD crashes on US-China trade truce boosting US Dollar

Pound Sterling Price News and Forecast: GBP/USD crashes on US-China trade truce boosting US Dollar

The Pound Sterling collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar.

GBP/USD Forecast: Pound Slides as Dollar SURGES on US-China Tariff Pause

The dollar already had a firm tone in early Europe following statements from the US and China that bilateral trade talks over the weekend had been...

US trade talks boost the dollar - Monex Canada

CAD USDCAD stabilised above 1.39 to end last week, seeing little downside impact from Friday’s jobs data, somewhat to our surprise. Granted, the headlines were mixed, but the data was soft under the hood, and that warrants a weaker loonie in our eyes. Granted, USDCAD upside has materialised this morning, but this is largely a consequence of a rapprochement between the US and China on trade, which has put a rocket under the dollar. As of writing,…