GBP/USD found some much needed support after UK PMI services figures propelled cable from its yearly lows.
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GBP/USD found some much needed support after UK PMI services figures propelled cable from its yearly lows.
from DailyFX – Market News https://bit.ly/3KhAdzi
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Eurozone business activity down for a second month with services grinding to a halt as price pressures mount on consumers.
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The Canadian Dollar benefitted from crude oil reversing Monday’s early loss as higher energy prices hit the Euro and British Pound. Where to for USD/CAD?
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Gold and silver prices are now down for 6 days in a row as traders price out a 2023 Fed ‘pivot’ ahead of this week’s Jackson Hole Economic Symposium. Will support levels hold until then?
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Crude oil got a lift from comments overnight from the head of OPEC+ and its largest member state, Saudi Arabia. Will growth concerns be overcome for WTI?
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