Sterling today: Pound steadies near weekly high as US inflation data tests dollar

Just when it seemed that gold already broke below a long-term consolidation pattern, a fresh triangle formation is brewing on its 4-hour time frame. Check out these potential inflection points! Gold (XAU/USD) 4-hour Forex Chart by TradingView This precious metal still seems intent on forming higher lows, as price just bounced off the $3,320 support…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov World markets were subdued on Thursday by simmering trade tensions and Washington’s attempt to undermine its Ukrainian ally, while the Federal Reserve surprised with talk of slowing its balance sheet runoff at its recent meeting. A messy week of conflicting geopolitical, trade…

The financial regulator has been ordered to encourage more risk-taking across the City, raising concerns that the Labour government is in danger of watering down rules meant to avoid another financial crisis. In an official “remit” letter addressed to Financial Conduct Authority (FCA) boss, Nikhil Rathi, the chancellor, Rachel Reeves, said regulations meant to protect…

USDJPY: The Japanese yen (JPY) fell to a new three-month low against its U.S. counterpart during the Asian session on Monday after Japan’s longtime ruling party lost its majority for the first time in 15 years in Sunday’s national election. The result has fueled speculation that the coalition government…