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Jun 12, 2025
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected.
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Jun 12, 2025
US President Trump hints of an Israeli strike on Iran, says “Not imminent”
During a press conference, US President Donald Trump revealed that Iran must negotiate tougher and added that he’d love to avoid a conflict with Tehran. He commented that an Israeli strike could happen but added, “I don’t want to say Israeli strike is imminent.”
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