GBP/USD held steady at 1.3426 on Tuesday, with the pound lagging behind other currencies despite a broader decline in the dollar. Market sentiment improved following a drop in oil prices, as investors grew hopeful that the US and Iran may reach an agreement to restore shipping through the Strait of Hormuz. Such a development would […]
The post GBP/USD Under Pressure: Pound Lags Behind Peers appeared first on ActionForex.
Federal Reserve Bank of Philadelphia President Anna Paulson made clear that another rate hike remains on the table, but only if incoming data show inflation is failing to resume its downward path. In remarks on Read more…
When I first experienced a made-to-order pizza, one where I fully customized my pie and watched it get built, then put into the oven, I thought the concept would upend the takeout pizza market. And Read more…
Intraday bias in EUR/USD is turned neutral first with current retreat. On the upside, above 1.1557 will extend the rebound from 1.1323 to cluster resistance (38.2% retracement of 1.2081 to 1.1323 at 1.1613). Decisive break Read more…