Tag: GBPUSD
Dollar Demand Rises and Global Stocks Tumble, Find Out Why!
Investors price in 6 rate cuts in 2024, but all Fed members remain hawkish. Economists advise investors are getting ahead of themselves and...
US Inflation Shocks Investors But the NASDAQ Attempts to Hold Gains
US inflation surprises markets increasing from 3.1% to 3.4% for the first time since August 2023. The Core Consumer Price Index rose 0.3%...
The UK Economy Unexpectedly Contracts! US Inflation Remains Stubborn
The USA100 continues to be the best performing index, increasing by 0.90% and more than 50% in 2023 in total. The main price driver...
Central Banks’ Divergent Paths: ECB Signals Caution, BoE Stays the Course
As the European Central Bank (ECB) and the Bank of England (BoE) gear up for their upcoming meetings, market participants eagerly await signals that...
GBPJPY: PMI Data Lifts Sterling
Sterling consolidated its gains above the 1.2500 mark against the US Dollar and stayed above the 200-day EMA in Thursday's trading, amid quiet liquidity...
Can CPI Data Save Sterling?
Sterling remained relatively stable, trading above the $1.22 level last week, as UK economic growth levelled off in Q3 2023, surpassing expectations of a...
