The British pound has stabilized on Friday, after sustaining huge losses a day earlier. GBP/USD is trading at 1.2342 in the European session, down 0.11%. Earlier, the currency fell to 1.2276, its lowest level since June 2020. BoE warning chills the pound The BoE dutifully raised interest rates at its meeting on Thursday, but the […]
The post Sterling Falls Below 1.23 appeared first on Action Forex.
One of the most closed-off countries in the world, North Korea is both difficult and dangerous to access. Under the control of the Kim dynasty since the end of World War II, the northern part Read more…
Boeing (BA) reportedly landed a deal worth up to $289 million to supply Israel with as many as 5,000 smart bombs, putting its defense business back in focus. The bigger market takeaway is timing: deliveries Read more…
Markets The Brent crude price shows no sings of cooling off today with the $100/b mark nearby. Hostile comments from both sides suggest no near-term end to the Middle East conflict with Iran’s Khamenei for Read more…