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GBP/USD is down sharply today. In the North American session, GBP/USD is trading at 1.12101 down 1.11%. The pound continues to exhibit sharp volatility, with swings of over 1% every day this...
Equity markets have erased early gains to trade in the red on Thursday, as investors take a cautious approach ahead of Friday’s jobs report.The narrative in recent days of weaker data being...
Stock markets recovered earlier losses on Monday and are adding to that in early trade on Tuesday, with Asia also posting strong gains.The turnaround in risk appetite appears to have been driven by...
GBPUSD has gained more than 10% over the last six days, continuing the bounce off the record low of 1.0325.Technical oscillators reflect the recent bullish bias as the pair is advancing above the...
The GBP/USD started October on a positive note, extending its bounce from a record low and posting its fifth gain in a row after the U.K. confirmed a fiscal policy U-turn. In the meantime, the...
GBP/USD is up for a sixth straight day. In the North American session, the British pound is trading at 1.1272, up 0.94%.It was quite the ride for the last week, as it traded in a 500-point range and...
The markets begin October with some trepidation. Rumors continue to circulate about the health of a large European bank, cross currency swaps are elevated, suggest dollars are more difficult to...
Powell’s Jackson Hole Speech Emphasizes Inflation Fight As Investors Realize Rates Must Head HigherIn September, the Dow Jones Industrial Average fell 8.28 %, the S&P 500 dropped 8.63 %, and...
It remains all about the Fed as it continues down an aggressive tightening path. Wall Street will now fixated on how quick this economy is going to weaken. A weakening consumer will help drive down...
To say that gold has been struggling this year is an understatement. As the chart below shows, the price of the yellow metal declined from above $2,000 to below $1,700 (as of September 20). That slide...
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