General · 27 May 2026
Pound Stays Above 1.3450 Against Dollar
Currency traders may see smaller swings as gains in sterling look capped by world tensions and interest-rate expectations. During Wednesday's Asian trading, GBP/USD recovered part of Tuesday's drop and moved back above the mid-1.3400 range after buyers returned. Hopes for a US-Iran agreement and softer inflation worries weighed on the dollar, while views on Federal Reserve and Bank of England policy restrained sterling.
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