Sterling dropped abruptly on Wednesday after data on UK inflation came in substantially below market estimates. The pound was recently lower by 0.54% to $1.4208. Sterling had climbed on Tuesday to $1.4376, the highest level since the Brexit vote in June 2016. Inflation fell much more sharply than expected in March, raising questions over whether […]
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Daily major currency pairs overview shows the strongest Dollar and weakest Pound
USD remains the strongest currency across the board. Dollar remains broadly supported after Fed Chair Jerome Powell reiterated on Tuesday that the U.S. central bank would likely move forward with gradual increases in interest rates. Today’s good US economic releases also supports strong USD. USD/JPY jumps to fresh session tops, eyeing a move beyond 107.00 […]
Market Dynamics That Is Going To Make History.
Market dynamics that is going Asian Shares Mixed as Stronger Yen Caps Gains in Nikkei Stocks in Asia showed a largely muted reaction to record levels in the U.S. WSJ Nasdaq Notches Another All-Time High “Benign drift” expected to continue; Oil prices slip from two-week highs WSJ Dollar at One-Month High Against Pound A flurry […]