Sterling today: Pound rises as dollar slips on easing tensions

It’s the final session of September and the third quarter, with US equities posting modest gains & USD only slightly down despite mounting concerns about an imminent U.S. government shutdown. Gold continued its relentless march to fresh records while oil remained under pressure from supply glut worries. Check out the headlines and economic updates you…

The quotes of the dollar/yen (USD/JPY) currency pair continue to move within the corrective trend and bullish channel. At the time of preparing this forecast, the exchange rate is 153.46. Moving averages confirm the presence of a short-term uptrend for this pair. A price breakdown above the signal lines…

This morning, the EUR/USD rate moved above 1.1680 during early trading — its highest level since mid-October. The main driver behind the rise is traders’ assessment of the diverging policies of central banks. Based on the fundamental outlook ahead of the December meetings: → The market is almost certain that the Federal Reserve will cut…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…