Sterling is the better performer in Asian session today. It’s supported by news that former Prime Minister Boris Johnson withdrew from party leadership contest on Sunday, even with enough support to make the final ballot. The development left business friendly Rishi Sunak, a former Finance Minister, as a favorite to replace outgoing Prime Minister Liz […]
The post Sterling Trades Higher as BoJo Quits Leadership Race; Three Central Banks to Meet This Week appeared first on Action Forex.
Key Highlights Gold started a fresh decline below the $4,650 support. A connecting bearish trend line is forming with resistance at $4,610 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. Read more…
Gold resumed its near-term slide as tensions in the Strait of Hormuz escalated sharply, after Iran struck multiple vessels and set a UAE oil port ablaze. The developments triggered a fresh surge in oil prices Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal You don’t have to be an Read more…