Strategist explains why he is 'constructive but cautious' on British pound

Strategist explains why he is 'constructive but cautious' on British pound
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Strategist explains why he is 'constructive but cautious' on British pound
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The Euro (EUR) is soft, down 0.2% against the US Dollar (USD) while outperforming most of the G10 currencies in an environment of broad-based USD strength as we head into Wednesday’s NA session, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. ECB is seen to hold with mildly hawkish tone “The outlook for…
The US stock indices closed mixed on Thursday. By the end of the day, the Dow Jones (US30) rose by 0.11%. The S&P 500 (US500) decreased by 0.13%. The tech-heavy Nasdaq (US100) closed lower by 0.72%. The primary pressure on the market came from a large-scale sell-off in tech stocks as investors began to reassess…
The Green party made history in the general election, winning four seats for the first time. But how much will it be able to achieve in parliament when facing the gravity of the climate crisis? The Guardian’s John Harris sits down with Carla Denyer, the Greens’ co-leader and MP for Bristol Central, to ask her…
NVIDIA is expected to announce strong Q4 2024 earnings, driven by high demand for GPUs in data centers and AI applications. The market is closely watching how NVIDIA’s earnings will reflect the demand for AI chips, especially after China’s DeepSeek incident. Potential challenges for NVIDIA include possible tariffs on chips manufactured in Taiwan (TSMC) and…
The AUD/USD weekly forecast indicates bearish momentum despite the resilient Australian dollar. Australia’s unemployment data fell to 4.3% in October, with an addition of 42.2k jobs. Traders anticipate the FOMC and RBA meeting minutes along with speeches by Fed officials next week. The AUD/USD weekly forecast reflects a broader selling pressure, as the pair closed…
Uncertainty Reigns Yet Little Has Changed April 16, 2026 The Middle East’s future evolution remains unclear. Both sides want to avoid a resumption of the fight but still can’t find mutually acceptable terms for an extended peace. Equally uncertain is the economic repercussions of the war, which will be felt in most countries but in…