GBP/USD fell 0.14% to 1.3510 while EUR/USD slipped 0.3% to 1.1758 as the dollar held firm.
Markets focus on Kevin Warsh’s Senate confirmation hearing, with expectations of dovish rate stance and hawkish balance‑sheet comments.
Euro stays in 1.1750‑1.1800 range, supported by €280 bn foreign purchases; ECB hike probability priced at 68% for June.
UK political risk limited; prediction markets show 39% chance of PM Starmer exit by June, keeping sterling relatively resilient.