Market Analysis and News
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03 Oct 12.45
GBPUSD slides! Here’s what’s behind the fall!
The British pound fell ~1.15% today, retreating from its recent highs as the Bank of England hinted at potential interest rate cuts. Market expectations are shifting towards a possible 25 basis point reduction in November, influenced by inflation trends.
02 Oct 09.25
USDInd shows strongest gains in a week amid geopolitical escalation
The US dollar index remains elevated, influenced by rising global tensions and economic indicators. Investors are closely monitoring the situation in the Middle East and upcoming labor market data in the US.