GBP/USD attempted to rebound from a two-week low of approximately 1.3485 on Thursday. Investors are moving away from riskier assets amid concerns about the economic impact of an energy shock triggered by a fresh escalation in the Middle East. The market is digesting Prime Minister Andy Burnham’s address to the House of Commons. He reaffirmed […]
The post GBP/USD at Two-Week Low: Risk Aversion Takes Hold appeared first on ActionForex.
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Thursday. Stock futures were mixed as investors reacted to escalating U.S.-Iran tensions, higher oil prices Read more…
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Silver has rebounded from 63.27 as the macro pressures behind its selloff simply stopped worsening, not reversed — leaving the 62.54–62.92 support cluster as the line that decides whether this is the start of the Read more…