GBP/USD Avoided New 2022 Lows, but Remains in a Precarious Position
The pair finds support after Friday’s drop and volatility, but the technical landscape remains unfriendly
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 finds support after Friday’s drop and volatility, but the technical landscape remains unfriendly
The two Chinese electric vehicle (EV) startups released solid deliveries for the second quarter of the year, while China was the biggest market last year
The pair had a poor couple of days, but defended key support area and rebounds today, pushing for another profitable week
The commodity registered its first negative month of the year, amidst stagflation fears, while OPEC+ maintained its output hike plan
The German index slumps today and sets new June lows, heading towards its worst month of the year, amidst broader risk-off mood
Factory activity picked up in Australia’s biggest trade partner as today’s data showed, providing some reprieve to the pair, which runs a losing week
The tech benchmark is unable to capitalize on last week’s rebound and remains deep in bear territory, as stagflation fears persist
The pair is cautious today as the European session gets underway, but heads towards a profitable month, while BoJ governor Kuroda reiterated the commitment to stimulatory policies
Against a backdrop of high inflation, tightening monetary environment and recession fears that has been detrimental to global stock markets, we take a look at some companies that will be on our radar over the coming months
The commodity keeps its gains as the group of seven advanced economies is mulling a limit on the price of oil imports from Russia, while Libya warns of potential export halt
A prominent hedge fund defaulted on a loan, as the recent crypto plunge continue to reverberate across the industry, while SEC Chair once again called for more regulation
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