Pound Sterling remains on tenterhooks ahead of US Inflation data

Pound Sterling

As the global financial community eagerly awaits the release of the US Consumer Price Index (CPI) data, the Pound Sterling finds itself in a state of suspense, teetering on the edge ahead of this pivotal economic announcement. Traders and investors are closely monitoring the Pound Sterling’s movements against major currencies, particularly the US Dollar, as…

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EUR/USD flip-flops in a range prior to US CPI

EUR/USD flip-flops

In the run-up to the eagerly anticipated release of the US Consumer Price Index (CPI) data, the EUR/USD currency pair has been caught in a state of indecision, fluctuating within a tight range. Traders are exhibiting caution, refraining from making significant moves until the crucial inflation figures are unveiled. The Euro to US Dollar exchange…

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EUR/GBP trades with modest losses around 0.8575 zone, downside seems limited

EUR/GBP trades

In the realm of forex trading, the EUR/GBP pair is currently experiencing a modest decline, hovering around the 0.8575 zone, according to recent market data. Despite these losses, analysts suggest that the downside for the pair appears to be limited, offering a glimmer of stability amidst turbulent market conditions. The EUR/GBP pair’s movement reflects the…

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Forex Today: Gold hits yet another record high to start the week

Gold

In today’s forex market, gold has once again surged to a new record high, setting a bullish tone for the week ahead. Amidst ongoing global economic uncertainty and geopolitical tensions, investors continue to flock to the safe-haven asset, driving its price to unprecedented levels. The precious metal rally is fueled by a combination of factors,…

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