United States Export Price Index (MoM) in line with expectations (0.3%) in March

GBP/USD plummets below 1.2500 as US Dollar dominates due to faded Fed rate cut prospects

The GBP/USD pair dips below the psychological support of 1.2500 in Friday’s London session.
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United States Import Price Index (MoM) above forecasts (0.3%) in March: Actual (0.4%)

United States Import Price Index (MoM) above forecasts (0.3%) in March: Actual (0.4%)
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