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• The Pound Sterling falls further to near 1.3470 against the US Dollar after BoE Mann’s comments.
• BoE’s Mann warns of rising jobless rate and praises January inflation data.
• FOMC Minutes showed that officials see no rush for interest rate cuts.

The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the fourth trading day on Thursday. The GBP/USD pair posts a fresh almost four-week low at around 1.3470 during European trading hours after Bank of England (BoE) Monetary Policy Committee (MPC) member Catherine Mann praised soft United Kingdom (UK) Consumer Price Index (CPI) data for January.

• $4700 back on Gold buyers’ radar as US core PCE inflation data looms
• Gold rallies as Iran sanctions stoke haven demand
• British Pound holds firm as US sanctions on Iran loom
• Gold’s glitter is here to stay as eyes turn to US inflation and Fed Chair Warsh
• Gold Weekly Forecast: Bulls dominate as US Treasury Department intervenes in bond market