fxstreet.com 18 Feb, 2021 10:45 am

Upbeat UK virus data and the Fed's lack of inflation fears to boost cable

Upbeat UK virus data and the Fed's lack of inflation fears to boost cable
GBP/USD has been attempting recovery after Wednesday's dollar storm. According to FXStreet’s Analyst Yohay Elam, the cable has room to recover as the

FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.GBP/USD has been attempting recovery after Wednesday's dollar storm.According to FXStreet’s Analyst Yohay Elam, the cable has room to recover as the dollar storm has its limits.

Key quotes “President Joe Biden may struggle to pass his proposed $1.In turn, Treasury yields may drop off their highs, and make the dollar less attractive.

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