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GBP/USD rises further, hits one-month highs near 1.2200
GBP/USD advanced further above 1.2150 and approached 1.2200, as the US Dollar Index tumbled by more than 1%. The US Dollar stays under constant selling pressure as investors expect a softer Federal Reserve amid SVB turmoil. Key reports ahead: UK employment and US inflation.
Gold trades above $1,910 as US yields remain near monthly lows Premium
Gold price has preserved its bullish momentum and climbed above $1,910 for the first time since early February on Monday. The yellow metal is holding firm, near daily highs as the benchmark 10-year US T-bond yield drops 5.60% on the day, slightly below 3.50% amid SVB drama.
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