The British pound is up 0.1% at around 1.3403 against the dollar during the European trading session on Wednesday. The GBPUSD pair gained as the dollar came under selling pressure, with market
Gold nursed minor losses on Friday with price action contained within Thursday’s $4,100 trading range, set for 1.6% weekly depreciation. Precious metals struggled this week as the resumption of hostilities in Iran
Silver accelerated its reversal on Tuesday, trading in Europe at $84.80, after dropping two-month highs right above $87.00 earlier in the day. The XAGUSD pair snapped a 4-day rally, weighed down by
The Pound Sterling remained firm on Wednesday, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the greenback’s prospects, yet the GBPUSD pair traded
The Federal Reserve is unlikely to cut interest rates until at least July, according to Nigel Green, CEO of deVere Group, as surging oil and gas prices complicate the outlook for monetary
The US dollar took a step back following a four-day rally as markets await the University of Michigan’s (UoM) preliminary Consumer Sentiment Index data for October, while later the day, Statistics Canada
The British pound edged lower against the US dollar on Monday, snapping its recent advance as the greenback firms ahead of Tuesday’s US Consumer Price Index (CPI) report. A modest rebound in
The euro-dollar currency pair moved higher to near 1.1250 during European trading hours on Wednesday, extending Tuesday’s gains. The EURUSD has attracted significant bids at the expense of the dollar, with the
US inflation came in softer than expected in April, but that hasn’t changed who’s really in charge, according to the CEO of a leading independent financial advisory and fintech. Tuesday’s Consumer Price
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later
