Sterling Falls to New Multi-year Low after Disappointing Data
GBP/USD. Sterling Falls to New Multi-year Low after Disappointing Data Skip to content:
Politics
Politics
Pound Falls to New 37-Year Low, Fed Looms
The British pound continues to lose ground. GBP/USD is trading at 1.3436. down 0.33%. Earlier in the day, the pound fell to 1.1304, its lowest level since 1985. Fed expected to hike by 0.75% The Federal Reserve holds its policy meeting later today, and is expected to deliver a third straight rate hike of 0.75%, […]
Politics
GBP/USD. Cable Falls to Multi-Decade Lows as Downbeat UK Data Adds to Negative Outlook
GBP/USD. Cable Falls to Multi-Decade Lows as Downbeat UK Data Adds to Negative Outlook | Forex robots store: Skip to content:
Business
FTSE 100 Falls Significantly as It Reaches Level 7133.36 Low
Resistance Levell: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in a downtrend as it reaches level 7133.36 low. The index has fallen significantly to the oversold region. Presently, the market has reached the low of level 7131.69. The bearish momentum will extend to the low of level […]
Business
British Pound Falls To Multi-Month Low Against USD As Fear Rules Markets
The British pound (GBP) plugged its losing streak against the dollar (USD) on Tuesday after the latest Purchasing Managers’ index (PMI) data showed that business activities in the UK slowed as expected by economists. According to a poll of economists, the forecast for the UK PMI was to fall to 51.1. The composite estimates dropped […]
Politics
Sterling Falls Broadly After GDP, Dollar Paring Losses
Sterling Falls Broadly After GDP, Dollar Paring Losses | Forex robots store: Skip to content:
Business
XAU/USD Falls Below $1,800, as DXY Corrects Before Fed Minutes
XAU/USD revisits its in-day low of $1,795 while a stronger USD burdens major assets during the Tokyo session. Additionally, poor sentiment from China combined with the Forex market’s cautious mood before the FOMC gathering. This gathering further pushed the USD recently. The USD is recovering near 105.75 as the risk-aversion currently supports the haven demand […]
Business
Litecoin Falls to the Oversold Region as It Holds Above the $47 Low
Key HighlightsLTC has declined the $47 supportIt altcoin may revisit the previous low of $41 Litecoin (LTC) Current StatisticsThe current price: $48.38Market Capitalization: $4,062,077,279Trading Volume: $441,416,465Major supply zones: $100, $120, $140Major demand zones: $60, $40, $20 Litecoin (LTC) Price Analysis July 12, 2022Litecoin’s (LTC) price is in a downtrend as it holds above the $47 […]
Politics
Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years
Momo Productions | Digitalvision |: Getty Images The number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and the bargaining power of workers. There were… […]
Business
GBP/USD Falls Below 1.1950 as US Dollars Finds New Strength
GBP/USD trends downward this morning, subsequently falling below 1.1950. This is due to the increased strength of the USD. The US dollar index is being bought and sold at its highest value in almost twenty years beyond the 106 price level. The dollar index received offers up to 107.09, as it corrects the initial losses […]