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Forex
GBP struggles to stabilize against US Dollar
Pound Sterling struggles to stabilize against US Dollar despite dovish Fed remarksThe Pound Sterling (GBP) strives to gain ground against the US Dollar (USD) during Friday's…
Canada Unemployment Rate stays unchanged at 7.1% in September
The Unemployment Rate in Canada remained unchanged at 7.1% in September, Statistics Canada reported on Friday. This reading came in better than the market expectation of 7.2%. The…
Are big tech ETFs strong enough to weather AI bubble fears?
Wall Street has been mulling over fears of a bubble in the artificial intelligence (AI) space for quite some time. Analysts are divided in their views on whether AI investments can…
US stocks open higher as AI strength counters shutdown, data concerns
US stocks edge higher at the opening of Wall Street on Friday as investors look ahead to fresh consumer sentiment data and keep a close eye on developments in the Artificial…
EUR/GBP steady near 0.8700 amid French unrest and UK fiscal challenges
The EUR/GBP pair advances on Friday but remains shy of the 0.8700 figure after hitting a daily high of 0.8725 earlier during the European session. France's political turmoil and a…
GBP/USD falls to two-month low as UK fiscal concerns pressure Sterling
GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political…
EUR/USD steadies amid French political turmoil and prolonged US shutdown
The Euro (EUR) is showing signs of stabilization against the US Dollar (USD) on Friday, pausing a four-day losing streak as the Greenback softens. At the time of writing, EUR/USD…
Trump’s tariff threat pushes US Dollar below 99 amid trade tensions
The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in…
A balanced approach to monetary policy only works if inflation expectations are anchored
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke about the United States (US) economy and monetary policy at a fireside chat before the Springfield Area…
GBP/USD hits a two-month low as UK fiscal concerns weigh
GBP/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength
GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US…