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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...
The Bank of England's frenzy of emergency bond market support is rocking the currency market boat, leaving GBP/USD as one of the protagonists on FX.The Bank of England extended emergency support to...
A fresh batch of UK labor market data points to a turn for the worse, foreshadowing an economic slowdown sooner than in Europe or the USA. The claimant count in September rose by 25.5k after a nominal...
GBP/USD is trading quietly for a second straight day. In the North European session, GBP/USD is trading at 1.1035, down 0.18%.The pound has not posted a winning day since Oct. 12 and has lost 400...
European stock markets are poised for another weak open as much of Asia reopened on Tuesday to large declines.Asia is flashing red as it nears the close and Europe may be facing a similarly bleak day....
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