British Pound rises as Oil slide softens USD, Fed hike bets increase

British Pound rises as Oil slide softens USD, Fed hike bets increase

The Pound Sterling advances by some 0.20% on Friday as Oil prices tumble, weighing on the US Dollar, while the US-Iran conflict signals a further escalation, which market participants ignored. Despite registering daily gains, the GBP/USD is poised to finish the week with losses of nearly 0.70%. GBP/USD rebounds as oil weakness offsets Fed hike […]