The Pound is retracing some losses on Tuesday with the US Dollar pulling back from recent highs amid a moderately positive market sentiment, and investors looking at Wednesday’s UK CPI reading that might give further reasons to BoE hawks.The GBP/USD pair has bounced up from intra-day lows at 1.3485
Oil prices are marginally lower in early morning trading today, following the meeting between Presidents Trump and Zelensky.
Yesterday’s summit between President Zelenskyy, European leaders, and President Trump in Washington didn’t deliver huge surprises but confirmed that the US is open to providing security guarantees to Ukraine.