Fed: Unwinding of balance sheet to begin soon – Lloyds Bank

The US central bank’s QE programme massively inflated its holdings of assets such as Treasuries and over time, the Fed wants to reduce these holdings
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GBP/USD extends consolidative price-action just above mid-1.2700s

The GBP/USD pair extended its consolidative price-action within a 20-pips narrow trading range and struggled for a firm direction amid lackluster trad
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