United States New Home Sales (MoM) registered at 0.698M above expectations (0.67M) in December

Jan 27, 2025

GBP is trading steady around 1.25 – Scotiabank

The Pound Sterling (GBP) is trading marginally firmer on the session and has improved a little relative to Friday’s intraday peak, Scotiabank's Chief FX Strategist Shaun Osborne notes.

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Jan 27, 2025

GBP/USD spins its wheels near 1.25

GBP/USD spun in a circle on Monday, driven by broad-market flows into and out of the US Dollar (USD) as Pound Sterling (GBP) traders get dragged along by the tides.

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