- The Pound Sterling gains further to near 1.3580 against the US Dollar as the Greenback falters on cooling US job demand.
- Investors await the key US NFP benchmark revision report and the BoE’s Breeden speech.
- Investors expect a 25-basis-point interest rate cut by the Fed next week.
The Pound Sterling (GBP) extends its winning streak for the third trading day against the US Dollar (USD) on Tuesday. The GBP/USD pair posts a fresh three-week high around 1.3580 during the European trading session as the US Dollar slumps ahead of the release of the United States (US) Nonfarm Payrolls (NFP) benchmark revision report, which will be published at 14:00 GMT.
During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, posts a fresh six-week low around 97.30.
Investors will pay close attention to the US NFP benchmark…
