EURGBP charts new 2 ½-year low after UK retail sales beat estimates Short-term bias is skewed to the downside, but price near familiar support line EURGBP plunged to a new 2½-year low of 0.8293, weighed by upbeat UK retail sales at 4.0% y/y and a dovish ECB policy stance, which raised concerns about the eurozone’s […]
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Check back for updates throughout the trading day U.S. equity futures nudged higher in early Friday trading, with investors closely tracking moves in the bond market, as stocks continue to test all-time highs amid a Read more…
The British pound has extended its gains on Friday. In the European session, GBP/USD is trading at 1.3046, up 0.27% on the day. UK retail sales stronger than expected UK retail sales are moving in Read more…
Gold cracked psychological $2700 barrier and hit new historical high on Friday morning. Looser monetary policy conditions continue to support the price, along with growing nervousness over US election, with the latest threats of further Read more…