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President Trump’s comments about potential tariffs on Canada and Mexico by February 1st caused increased market volatility and risk aversion. The US Dollar Index (DXY) experienced significant price...
The British pound continues to show sharp swings this week. After a spectacular 1.3% gain on Monday, GBP/USD has reversed directions and is trading at 1.2233 in the European session, down 0.68% on...
GBP/USD holds below mid-Bollinger band level Momentum oscillators tick lower GBP/USD had a notable bullish day on Monday, more specifically after Trump’s inauguration, but it failed to cross above...
The British pound is lower on Friday. In the European session, GBP/USD is currently trading at 1.2201, down 0.27% on the day. The pound can’t find its footing and is down 2.5% in January and a...
Markets brace for impact ahead of Trump’s inauguration. BoJ seen raising rates at first gathering of 2025. Euro and pound traders turn gaze to PMIs. Canada and New Zealand CPI data to shape BoC and...
The British pound edged lower on Thursday. In the European session, GBP/USD is currently trading at 1.2205, down 0.22%. UK GDP Posts Weak Gain of 0.1% The UK economy climbed out of negative growth...
The UK Consumer Price Index (CPI) added 0.3% m/m in December, slightly below the average expectation of 0.4%. Annual inflation eased to 2.5%, having remained mostly in the 2.0-2.5% range for the past...
The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK Inflation Softer Than Expected The UK’s annual inflation rate...
US PPI figures raise hopes of a downside surprise in CPI data. Dollar on the back foot, yen soars as BoJ rate hike bets gather pace. Pound whipsaws on surprise cooldown in UK inflation. Stocks...
US dollar eases from 26-month highs on reports of gradual tariff increases Treasury yields fall, equities climb but tech stocks remain under pressure Aussie and kiwi lead the rebound as Chinese...
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