Malaysia Inflation Eases to 1.8% in July, Below Forecast 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Add as a preferred source on Google
The EUR/GBP currency pair is expected to remain implicitly heavy towards 0.8485, following inherent risks surrounding the euro.
GBP-USD to floated above 1.2400 on the back of a vulnerable broad USD but expect some domestic focus on the UK CPI numbers (and its attendant implications on the BOE’s posture) today. Short term implied valuations are relatively static at this juncture although at a stretch, cable may be deemed slightly rich on the upside.
Likely range bound near term with the 55-day MA (1.2430) an immediate cap ahead of 1.2450 while 1.2360 may support. Elsewhere, inherent risk surround the EUR may keep the EUR-GBP implicitly heavy towards 0.8485.
