USA News

Senators gathered at the U.S. Capitol to pay tribute to Lindsey Graham, remembered as a “towering figure” by Majority Leader John Thune. The ceremony preceded Graham’s funeral at Washington National Cathedral, where President Trump and international leaders, including Benjamin Netanyahu and Volodymyr Zelenskyy, are set to attend.

The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days. 

The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.

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