The British pound weakened against other major currencies in the European session on Tuesday, as the conflict in the Middle East escalates. Saudi Arabia has hinted at a possible military change, bringing Gulf states closer to direct engagement in the Iranian confrontation. Uncertainty lingered despite U.S. President Donald Trump's decision to postpone potential strikes on Iran's energy infrastruct...
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.