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GBP/USD is in negative territory today. In the European session, the pound is trading at 1.1261, down 0.48%.Inflation rises to double-digitsUK inflation rose to 10.1% in September, up from 9.9% in...
Cable moved away from two-week highs on Tuesday as the greenback recovered ground across the board. The GBP/USD pair climbed to 1.1439 on Monday, its highest level since October 5, as the government...
The pound has edged lower today, after starting the week with sharp gains. In the North American session, GBP/USD is trading at 1.1334, down 0.18%.Pound Jumps After Hunt Axes Tax CutsThe pound...
Monday was a dramatic day for currency traders, when Britain's new Chancellor of the Exchequer, Jeremy Hunt scrapped much of Prime Minister Liz Truss's earlier fiscal measures, explaining that it is...
Gold is off to a good start to the week However, the metal's fundamentals remain unfavorable in the long term Technically, a test of the resistance area between $1660 to $1676 should be critical going...
UK politics commands the international spotlight from time to time, and that time is now. Yet, while we fraternize over Fed policy and how high the Fed could take the fed funds rate into 2023, UK...
GBP/USD has reversed directions today and is in negative territory. In the North European session, GBP/USD is trading at 1.1274, down 0.34%.Pound jumps on tax cut U-turnThe pound continues to show...
Stock markets are recovering slightly on Wednesday after another volatile start to the week.It’s clear this week that investors have one eye on the U.S., with Fed minutes, U.S. inflation data...
UK markets seem to be stuck in a vicious cycle they can’t get out of. Investors fear worsening economic conditions are down the line on the back of the latest spending plan unveiled by the...
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