Sun, June 11, 2023

GBP/USD

Last Week’s Stock Market Overview

Wednesday Forex: Everything you need to know about market

In the first half of the week, investors are looking for the next catalyst. Major currency pairings have struggled to make a significant move in either direction. Nonetheless, early Wednesday’s cautious market atmosphere appears to be aiding the US Dollar’s recovery. Later in the session, Eurostat will release revisions to the March Harmonized Index of …

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dollar

The Dollar Falls, What Does This Mean for the Rates?

As additional Federal Reserve officials signaled a slowing in interest rate increases on Tuesday, the U.S. dollar declined in early European trade as investors speculated that the rate peak might be approaching. The Dollar Index measures the dollar’s value against six other currencies. It fell by 0.4% to 106.067 at 03:10 E.T. (08:10 GMT), setting …

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Federal Reserve and expectations

The U.S. Dollar Continues to Fall, This Time Amid CPI Release

Sterling crept higher on a slight third-quarter growth contraction. Meanwhile, the U.S. dollar dropped in early European trade on Friday, continuing a selloff from the previous session. The Dollar Index measures the dollar’s value against a basket of six other currencies. It was down 0.5% at 107.50 at 02:50 ET (07:50 GMT). The index reached …

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The Latest Forex News – Dollar Drops as Euro/Sterling Seesaw

Recently, there have been a lot of changes in the international currency markets. The dollar has been losing value against other currencies, most notably the euro and sterling. This is mainly due to the U.S. midterm elections, which could result in a Republican-controlled Congress. Many people wonder how this will affect the process of U.S. …

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