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GBP/USD drops as UK GDP shrinks for second straight month
Pound Sterling drops as UK GDP shrinks for second straight monthThe Pound Sterling (GBP) faces selling pressure against its major peers on Friday following the release of the…
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EUR/USD steady at 1.1740 as Fed signals pause, inflation in focus
EUR/USD holds firm at around 1.1741 on Friday, virtually unchanged, amid a parade of Federal Reserve (Fed) officials crossing the wires, following last Wednesday's 25 basis points…
Inside the ‘rolling thunder’ quant crises of 2025
In October, Renaissance Technologies suffered a nightmare, with its two public hedge funds abruptly losing about 15 per cent, before soaring back in November. Yet for a lot of…
GBP faces headwinds despite budget relief – Rabobank
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle. Political uncertainties and ECB rate…
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Russian seaborne Oil exports hit highest level since early 2022 – Commerzbank
Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and stored afloat. Despite this jump, the IEA notes that Russia’s overall Oil…
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Gold nears record highs as dovish Fed outlook underpins demand
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time…