The post China Producer Price Index (YoY) above forecasts (0.4%) in March: Actual (0.5%) appeared on BitcoinEthereumNews.com. GBP/USD edges lower after four daysThe post China Producer Price Index (YoY) above forecasts (0.4%) in March: Actual (0.5%) appeared on BitcoinEthereumNews.com. GBP/USD edges lower after four days

China Producer Price Index (YoY) above forecasts (0.4%) in March: Actual (0.5%)

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GBP/USD edges lower after four days of gains, trading around 1.3430 during the Asian hours on Friday. The pair depreciates as the US Dollar holds ground on renewed risk aversion, which could be attributed to the uncertainty over the United States-Iran ceasefire. Traders await the US Consumer Price Inflation report due later in the North American session.

Source: https://www.fxstreet.com/news/china-producer-price-index-yoy-above-forecasts-04-in-march-actual-05-202604100130

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