GBP/USD Still Struggling As Data Stoke UK Recession Fears
GBP/USD slid sharply in the previous session despite a half-point interest rate rise. Generally feeble UK economic data saw it fall further on Friday
Source: dailyfx.com
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Top News In Chart Prepared Today - Breaking & Trending Today
Gold Prices Hold Nascent Uptrend As Markets Look To Fed
The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support.
Source: dailyfx.com
USD/JPY Slips Back As Market Looks To Fed Chair Powell
The Japanese Yen remains under severe pressure as global interest rate rises leave it a yield laggard.
Source: dailyfx.com
Dow Jones Soars, Bank of America Undermines Recession Woes. ASX 200 May Rise
Dow Jones futures soared as Bank of America earnings undermined US recession fears, boosting risk appetite. Australia’s ASX 200 could be looking forward to a rosy day ahead.
Source: dailyfx.com
Crude Oil Edges Higher But Remains Pressured By Demand Weakness
Brent Crude steadied after recent falls but worries over end -user demand seem to be outweighing the supportive effects of production cuts.
Source: dailyfx.com