GBP/USD Sets New 2+ Year Lows on Continued USD Strength
The pair extends its decline, as the Dollar’s appeal remains high amidst poor sentiment and favorable monetary policy differential
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 pair extends its decline, as the Dollar’s appeal remains high amidst poor sentiment and favorable monetary policy differential
The German index starts the week with caution, as investors remain jittery due to fears of an economic downturn, with the maintenance shutdown of Nord Stream weighing on sentiment
The governing Liberal Democratic Party is set to expand its majority in the Upper House, after Sunday’s elections, with USD/JPY breaking fresh ground today
The never-ending saga carries on, as Mr Musk notified Twitter that he is terminating the takeover, but the Board of the social media firm is committed to closing the deal
In a holiday-shortened week in the US, there was not a lack of news, as we had the latest sales figures from Ford, Amazon got a stake in a food delivery firm among other developments, as markets prepare for the latest earnings season
Fears of recession have caused the pair to plunge this week, while Fed officials pressed on the tightening front, with hawkish comments
The pair dropped to the lowest levels since the height of the pandemic on Wednesday, hurt by recession fears and renewed political uncertainty in the UK
XAU/USD tries to take a breath today, after yesterday’s slump due to recession fears that sent investors to the arms of the US Dollar
The common currency just dropped to levels not seen since December 2002 against the greenback, which finds renewed strength during today’s European session
The popular cryptocurrency collapsed during the second quarter of the year, but tries to find a floor at the beginning of Q3
The Australian central bank stayed on its aggressive tightening path and delivered another rate increase today, in a decision that offered no surprises
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