- Market News
Recent Market News Headlines
US Midterms Weaken Dollar as BoE Decision Looms
The Democratic midterm victory pressured the dollar and oil, while gold recovered above $4,000 and the pound gained ground.
Iran Talks and Tech Worries Shape European Stocks
European stocks opened mixed Thursday as Spanish shares struggled, tech worries hit US futures, and Iran diplomacy gained attention.
SpaceX Surge Lifts Wall Street as Asia Slides
SpaceX revenue growth and Tesla merger discussions lifted US tech stocks Wednesday, while Asian markets fell and oil climbed.
Hot CPI Data and Inflation Fears Rattle Markets
Hotter-than-expected September CPI data rattled global markets Wednesday, raising fears of a more aggressive Federal Reserve before the year ends.
- Market News
Recent Market News Headlines
US Midterms Weaken Dollar as BoE Decision Looms
The Democratic midterm victory pressured the dollar and oil, while gold recovered above $4,000 and the pound gained ground.
Iran Talks and Tech Worries Shape European Stocks
European stocks opened mixed Thursday as Spanish shares struggled, tech worries hit US futures, and Iran diplomacy gained attention.
SpaceX Surge Lifts Wall Street as Asia Slides
SpaceX revenue growth and Tesla merger discussions lifted US tech stocks Wednesday, while Asian markets fell and oil climbed.
Hot CPI Data and Inflation Fears Rattle Markets
Hotter-than-expected September CPI data rattled global markets Wednesday, raising fears of a more aggressive Federal Reserve before the year ends.
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Mini Charts
GBP/USD
Sterling on Strong UK Data – GBP/USD, GBP/JPY on the Rise
UK jobs and earnings data buoy Pound; GBP/USD, GBP/JPY surge as Bank of England inflation outlook adjusts positively.
GBP/USD: Goes Quiet before Finding Its Route
GBP/USD – Technical Analysis- H4 Chart The chart shows that the price trades around a horizontal resistance at 1.26400. An up-trending support line...
Market Focus: US Dollar Strength Amidst Awaited Inflation Data
US Dollar strengthened Thursday, awaiting US CPI data. EUR/USD eyes 1.0785 resistance; GBP/USD rebounds, gold consolidates near $2,035.
GBP/USD: Bear Dominates on the H4 Chart
GBP/USD – Technical Analysis- H4 Chart The chart shows that the price has been bearish by producing a bearish engulfing candle at a...
GBP/USD: SMA 30 on the H4 Works as a Resistance
GBP/USD – Technical Analysis- H4 Chart The chart shows that the price after breaching the simple moving average 30 made a bearish correction...
Dollar Outlook: Q4 GDP; Focus on EUR/USD, USD/JPY, GBP/USD
Despite positive U.S. data, the dollar weakened. Eyes now on Q4 GDP report, influencing EUR/USD, USD/JPY, and GBP/USD dynamics.
GBP/USD: Finding a Resistance But Bull is Ahead
GBP/USD – Technical Analysis- H4 Chart The chart shows that the price has had a bounce at 1.26000. Upon producing a bullish engulfing...
The December Retail Sales Slump and Its Effect on GBP/USD
UK retail sales contracted 2.4% in December 2023, impacting GBP/USD. Sideways price action persists, challenging traders amid economic uncertainties.
Sterling High: GBP/USD and GBP/JPY Aim for Further Gains
Sterling aims to extend gains after beating CPI estimates; GBP/USD faces USD resistance, while GBP/JPY eyes ambitious target amid bullish momentum.
GBP/USD Under Pressure as UK Wage Growth Slows
UK wage growth slows in November, applying downward pressure on GBP/USD; US Dollar strengthens amid geopolitical concerns, testing key support levels.
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