GBP/USD Hovers Near 1-Month Low in Mid-1.2600sForex

GBP/USD Hovers Near 1-Month Low in Mid-1.2600s

Key Points: GBP/USD trading in the mid-1.2600s, the pair faces resistance above 1.2700, reflecting bearish sentiment. Near May highs due…

UK Economy Flat in April, 0.7% Quarterly GrowthEconomy

UK Economy Flat in April, 0.7% Quarterly Growth

Key Points: UK growth was stagnant in April; three-month growth at +0.7%. Construction down 1.4%, production down 0.9%, services up…

GBP/USD Trades at 1.2740 Due to USD StrengthUncategorized

GBP/USD Trades at 1.2740 Due to USD Strength

Key Points: GBP/USD is trading at 1.2740 with mild losses amid a cautious market mood. Strong US employment report and…

GBP/USD at 1.2725 Due to Strong US Job DataForex

GBP/USD at 1.2725 Due to Strong US Job Data

Key Points: GBP/USD trading at 1.2725, influenced by multiple factors. Strong NFP data and reduced Fed rate cut expectations bolster…

GBP/USD Positive for 3rd Day, Holds at 1.2795Forex

GBP/USD Positive for 3rd Day, Holds at 1.2795

Key Points: GBP/USD has been trading positively for three days, around 1.2795, despite minimal UK economic data. Bets on a…

European Stocks: Stoxx Down 0.8% as Energy HitStocks

European Stocks: Stoxx Down 0.8% as Energy Hit

Key Points The decline in European Stocks: Stoxx Europe 600 fell by 0.8%, with energy, mining, and banking sectors hit…

GBP/USD Holds 1.2775-1.2780 Range in Asian SessionForex

GBP/USD Holds 1.2775-1.2780 Range in Asian Session

Key Points: GBP/USD Trade Range: Fluctuated between 1.2775 and 1.2780 during the Asian session on Wednesday. Technical Outlook: Positive daily…

GBP/USD Holds Mid-1.2700s Amis Inflation DataForex

GBP/USD Holds Mid-1.2700s Amis Inflation Data

Key Points: USD Weakness: Easing US inflation pressures have cushioned GBP/USD downside; Core PCE rose 2.8% year-over-year. Market Sentiment: A…

European Stocks Down with 11.5% Auto Trader SurgeStocks

European Stocks Down with 11.5% Auto Trader Surge

Key Points: European markets fell due to rising global bond yields and inflation data anticipation. DAX (-0.3%), FTSE 100 (-0.2%),…

GBP/USD Falls to 1.2695 as USD StrengthensForex

GBP/USD Falls to 1.2695 as USD Strengthens

Key Points The GBP/USD decline is due to a stronger USD, driven by robust US economic data and higher yields.…