Dollar set for weekly loss; sterling weakens after GDP drop

Dollar set for weekly loss; sterling weakens after GDP drop
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Dollar set for weekly loss; sterling weakens after GDP drop
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Renewed Move Out of Riskier Assets on Mideast Conflict Fears March 26, 2026 The Middle Eastern war may be about to become much fiercer. President Trump’s plea for Iran to accept a deal continues to be rebuffed, and the red-line demands of each side are miles apart. Meanwhile, Israel claims to have killed another top…
Richard Tice’s company has been accused of breaking the law by allegedly failing to pay tens of thousands of pounds in tax on dividends that were paid to him and his offshore trust. Reform UK’s multimillionaire deputy leader is alleged to have received at least £91,000 in excess payments as a result, the Sunday Times…
Market Context & Session Flow It’s Friday, January 2nd, 2026, server time 15:30, and we’re smack in the heart of the London-New York overlap—the most volatile window for XAUUSD where institutional flows collide with retail FOMO. Gold is screaming higher at 4393.93, having punched through the Previous Day High (PDH) of 4373.12 like a bull…
Over-analyzing the market is a common trap that catches traders off guard, especially those who crave perfection or certainty before placing a trade. You may think you’re just being thorough, but the truth is, you’re likely slowing down your performance. Over-analyzing the market doesn’t just affect your charts—it messes with your mind, drains your energy,…
Final Services PMI 51.1 vs 51.4 expected and 50.8 prior. Final Composite PMI 50.4 vs 50.5 expected and 50.5 prior. Key Findings: Employment declines for the third month in a row. Marginal increase in business activity. Input cost inflation accelerates to an eight-month high. Comment: Tim Moore, Economics Director at S&P Global Market Intelligence, said:…
NZDUSD: ⬆️ Buy NZDUSD reversed from support zone Likely to rise to resistance level 0.5980 NZDUSD currency pair recently reversed from the support zone between the strong support level 0.582 (former strong resistance from March and April), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from April. The upward reversal…