{"id":31051,"date":"2020-07-08T18:05:07","date_gmt":"2020-07-08T14:05:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31051"},"modified":"2020-07-08T18:07:57","modified_gmt":"2020-07-08T14:07:57","slug":"sterling-settles-below-mid-1-2500s","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/sterling-settles-below-mid-1-2500s\/07\/08\/market-updates\/","title":{"rendered":"Sterling Settles Below Mid-1.2500s"},"content":{"rendered":"\n<p>Sterling saw both-way movements on Wednesday, but it appears that it has now settled in the neutral territory 1.2540-35.<\/p>\n\n\n\n<p>After an early rally to 1.2565-70 region, the pair experienced a slight decline during the European session and was affected by buying around USD.<\/p>\n\n\n\n<p>The increasing number of Covid-19 cases provided safe-haven flows and helped the dollar achieve gains. Covid-19 is one of the most important factors that have put pressure on the GBP\/USD pair.<\/p>\n\n\n\n<p>The pound received a slight boost after the government&#8217;s decision to protect jobs and pledged to provide 30B support that includes a startup of 2B pound to provide more job opportunities for young people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sterling saw both-way movements on Wednesday, but it appears that it has now settled in the neutral territory 1.2540-35. After an early rally to 1.2565-70 region, the pair experienced a slight decline during the European session and was affected by buying around USD. The increasing number of Covid-19 cases provided safe-haven flows and helped the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30630,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6870],"class_list":["post-31051","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-gbp"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31051"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31051\/revisions"}],"predecessor-version":[{"id":31055,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31051\/revisions\/31055"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30630"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}