GBP/USD Stages a Relief Rally on Improved Sentiment & Upbeat UK Employment
The British pound surges as markets shake-off last week’s risk aversion, also helped by upbeat employment data from the UK, but NI Protocol dispute looms
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The British pound surges as markets shake-off last week’s risk aversion, also helped by upbeat employment data from the UK, but NI Protocol dispute looms
Cryptocurrencies and Bitcoin in particular, is often viewed as an inflation hedge, but its performance during the surge in US consumer prices does not back this trait
The pair starts the week on a good footing, despite the lower growth forecast by the EU Commission and UK the Northern Ireland Protocol changes eyed by the UK
BTC/USD faces renewed pressure today, as its recovery effort from last week’s plunge is failing, at key technical levels
The world’s second largest consumer of oil, reported some disappointing economic data earlier, causing the commodity and broader market sentiment to dive
The week of May 09-13 was bad for Wall Street and definitely did not lack headlines, as Elon Musk just put the Twitter deal temporarily on hold, Ford sold Rivian shares, Disney+ impressed and other news attracted attention
The pair started the day with upbeat mood, trying to rebound form its two year lows, but faces headwinds as the European session gets underway
The pair drops today and looks like it will pause its eye-catching nine-week profitable streak, as the US Dollar faces headwinds
The Walt Disney Company reported strong financial results for fiscal Q2 2022 on Wednesday, with an addition of 7.9 million users in Disney+ and a profit for its Parks (DPEP) segment
The pair trades with caution after yesterday’s volatility sparked by the US CPI release, amidst hawkish commentary from ECB President Ms Lagarde
The online crypto exchange released its quarterly report on Tuesday, which showed a steep Revenue decline, in a backdrop of falling cryptocurrency prices
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