DB US Dollar Index Bullish Fund Invesco (NY: UUP )
27.88 +0.10 (+0.36%) Official Closing Price Updated: 8:00 PM EDT, Mar 31, 2023 Add to My Watchlist
Headline News about DB US Dollar Index Bullish Fund Invesco
GBP/USD Clings To Modest Gains Around Mid-1.1800s Amid Softer USD, Lacks Bullish Conviction
March 09, 2023
GBP/USD gains some positive traction for the second successive day amid a modest USD downtick. The fundamental backdrop warrants caution before positioning for any further appreciating move.
GBP/USD has sensed selling interest after a less confident recovery to near 1.1850 amid the risk-off mood. Fed’s Powell has reiterated the need for bigger rates to bring down persistent US inflation.
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