Economic Indicators
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UK Retail Sales Experience Significant Decline in May
May marked the steepest decline in the United Kingdom’s retail sector. Retail sales dropped 2.7%…
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Pound Sterling Remains Resilient in Global Currency Markets
Another thing, Pound Sterling (GBP) is the oldest currency still in circulation today. It sets…
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Powell Addresses Inflation Concerns and Housing Shortage Amid Economic Uncertainties
Federal Reserve Chairman Jerome Powell discussed our most urgent economic concerns recently at a House…
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Sterling Rallies Amid Positive UK Growth Signals and Labour Market Softening
Not this week, though, as the British pound exploded upward. It has recently hit record…
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Gold Prices Struggle Amid Chaos and Uncertainty
Gold prices have faced a tremendous test in recent months. They’ve made several attempts to…
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Tensions Rise Over Strait of Hormuz as Regional Conflicts Loom
The Strait of Hormuz, the key maritime transit chokepoint in the Persian Gulf has reemerged…
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Pound Sterling Strengthens Against US Dollar as GBP/USD Approaches 1.3800
In FX, the pound continues to pick up steam against the US dollar. In fact,…
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Japanese Yen Rises Against US Dollar as Trade Negotiator Highlights Treasury Discussions
The Japanese Yen has shown a powerful resurgence against the US Dollar, reaching an exchange…
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Pound Sterling Rises Against Peers as Market Adjusts Rate Cut Expectations
The Pound Sterling (GBP) started the new week on the offensive, posting impressive gains against…
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USD Gains Slight Ground Amid Anticipation of Inflation Reports
The U.S. dollar (USD) is experiencing a slight bounce as traders look ahead to Friday’s…