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Jun 12, 2025
GBP/USD extends the rally above 1.3550 ahead of UK monthly GDP data
The GBP/USD pair extends its upside to near 1.3580 during the Asian trading hours on Thursday. The cooler-than-expected US inflation data weighs on the US Dollar (USD) against the Pound Sterling (GBP).
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Jun 12, 2025
USD/CHF breaks below 0.8200 due to escalating Middle East tensions
USD/CHF extends its losses for the second successive day, trading around 0.8160 during the Asian hours on Thursday. The pair depreciates as the Swiss Franc (CHF) received support from the increased safe-haven demand amid escalating tensions between Israel and Iran.
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