{"id":53771,"date":"2021-10-29T20:12:55","date_gmt":"2021-10-29T16:12:55","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53771"},"modified":"2021-10-29T20:13:01","modified_gmt":"2021-10-29T16:13:01","slug":"gbp-usd-over-stronger-u-s-dollar-ahead-fed-and-boe-meetings","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-usd-over-stronger-u-s-dollar-ahead-fed-and-boe-meetings\/10\/29\/market-updates\/","title":{"rendered":"GBP\/USD over stronger U. S. dollar ahead Fed and BoE meetings"},"content":{"rendered":"\n<p>The GBP\/USD slides for the third time in the week, looking forward to ending the week in the red, down 0.67%, trading at 1.3696 during the New York session.<br><br>Worse than expected, heavy-tech US Q3 corporate earnings on Thursday and concerns about inflation and tight monetary policy dampened market sentiment, weakening risk-sensitive currencies like the British pound.<br><br>In the last three hours, the GBP\/USD pair has shed almost 80 pips, which also could lie on month-end flows, or profit-taking ahead of a critical Federal Reserve and Bank of England monetary policy week. <br><br>U. S. T-bond yields are flat at press time, with the 10-year benchmark note steady at 1.56%, while the US Dollar is reversing Thursday losses, as the US Dollar Index is rallying 0.62%, to sit at 93.93.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBP\/USD slides for the third time in the week, looking forward to ending the week in the red, down 0.67%, trading at 1.3696 during the New York session.Worse than expected, heavy-tech US Q3 corporate earnings on Thursday and concerns about inflation and tight monetary policy dampened market sentiment, weakening risk-sensitive currencies like the British &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53242,"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":[37,36],"tags":[6967,6885,6984,6858,6871],"class_list":["post-53771","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boe","tag-fed","tag-treasury-yields","tag-us-economy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53771","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53771"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53771\/revisions"}],"predecessor-version":[{"id":53775,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53771\/revisions\/53775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53242"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}