Pound Slips as Geopolitics and Fed Outlook Drive Greenback Gains
The Pound has slipped towards 1.3550 against the US Dollar in early Tuesday Asian dealings, as the Greenback gains strength.
Rising tensions in the Middle East and hawkish comments from Federal Reserve Chair Kevin Warsh have bolstered demand for the US Dollar.
Markets are awaiting the release of the US ISM Manufacturing PMI on Tuesday and August labor data on Friday, which could provide more policy signals.