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GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an...
GBP/USD eases but remains above the uptrend line Stochastics and RSI suggest more losses GBP/USD is retreating after a strong rally towards the one-year high of 1.3045. The technical oscillators...
Gold Declines Amid Profit-Taking and Strong US Economic Data The gold (XAU) price dropped by 1.82% on Friday as the US dollar (USD) strengthened, driven by a stronger-than-expected July Philadelphia...
Love it or hate it, the 2024 US Presidential Election will only continue to get more media coverage from here. In an effort to head off the inevitable efforts to tie election results to market...
A batch of inflation statistics from the UK seems to have fueled the pound's rally against the dollar and GBP/EUR, which has been going strong since the beginning of the month.Consumer inflation...
The British pound continues to roll and is up for a sixth straight day. GBP/USD is trading at 1.3038 in the European session, up 0.51% on the day. The pound has sparkled in July, climbing 3% and...
The gold (XAU) price reached an all-time high on Tuesday as the chances of a rate cut by the Federal Reserve (Fed) in September increased. Gold has gained 6.36% over the past four weeks and 25.16%...
GBP/USD struggles to break above the 1.3000 level despite softer US data and a dovish comment from Fed Chair Powell. UK inflation data will be crucial in determining whether GBP/USD can break above...
The dollar is steadier following the weekend’s events Chairman Powell speaks today as the outlook becomes challenging Bitcoin benefits from developments, and gold remains above $2,400 China’s...
ECB is not expected to cut in July but will it signal one for next meeting? Retail sales will be the main highlight in the United States UK CPI report will be vital for BoE’s August...
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