GBP recovers recent losses – Scotiabank

Pound Sterling (GBP) is up a modest 0.5% vs. the US Dollar (USD) and retracing a portion of its recent losses, Scotiabank's Chief FX Strategist Shaun Osborne notes on Wednesday.
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AUD/USD soars to near 0.6050 amid significant weakness in US Dollar

The AUD/USD rallies to near 0.6050 during North American trading hours on Wednesday. The Aussie pair strengthens as the US Dollar (USD) slides sharply amid fears that deteriorating trade relations between the United States (US) and China could push the economy into a recession.
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