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The British pound edged lower on Friday. In the European session, GBP/USD is trading at 1.2360, down 0.27%.Retail sales fall sharplyUK retail sales were dismal in December. The headline figure fell...
Britain, as previously with mainland Europe, is showing better than expected GDP performance, tempering expectations on the depth and duration of the looming recession.Monthly GDP estimates showed an...
The British pound is drifting for a third straight day. In the European session, GBP/USD is trading at 1.2161, down 0.09%. We could see stronger volatility from the pound before the weekend, with the...
The dollar has started 2023 with some stability after suffering heaving losses for large parts of the last quarter. Asset managers keen to earn their fees will be looking to put money to work and will...
After recording its best quarterly gain in over 13 years, the GBP/USD closed the extremely volatile year slightly above 1.20. Monex Europe’s Simon Harvey said: “Price action in the pound...
Hawkish Fed means downside limited for dollar Greenback could find support on haven flows Dollar Index inside massive long-term level The US Dollar remained under pressure in the first half of the...
The GBP/USD pair retreated on Tuesday and slid back below the 1.2100 level as investors' sentiment wavered throughout the day amid thinned volume and in the absence of major macroeconomic data.At the...
GBP/USD is sharply lower on Wednesday. In the North American session, the pound is trading at 1.2093, down 0.74%. Retail Sales Outperform There was an unexpected surprise from the UK CBI Realized...
The Bank of Japan made a surprise move on Tuesday morning, extending the permissible yield range of 10-year government bonds. The decision caused the yen to strengthen by more than 3%, and the Nikkei...
For the third time since April, the S&P 500 index faces a sharp sell-off from the 200-day average. And all times, the fundamental reason is a more hawkish Fed policy than the markets had hoped...
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