Dollar edges higher; sterling weakens ahead of BOE meeting

Dollar edges higher; sterling weakens ahead of BOE meeting
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Dollar edges higher; sterling weakens ahead of BOE meeting
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On Wednesday, Micron Technology released its quarterly earnings report after the main trading session closed. The results aligned closely with analysts’ expectations: earnings per share came in at $1.79, slightly above the forecast of $1.76, while revenue met projections at $8.71 billion. Despite meeting estimates, the chipmaker issued a disappointing forecast for the next quarter,…
Markets Markets are flying high following the “substantial progress” made during the first high-level US-Sino trade talks over the weekend. US Treasury Secretary Bessent, one of the attendees, shortly before the European open briefed what this meant in practice: a sharp reduction on both sides in import tariffs for 90 days. The US cut tariffs…
The major currency pairs are off and running….well walking…. with modest changes to start the new trading week. Versus the USD: EUR +0.06% JPY -0.08% GBP+0.03% CHF Unchanged CAD -0.08% AUD-0.05% NZD +0.03% Bitcoin closed on Friday at $97,512 and the digital currency is trading at $97,522 after reaching a high of $97,880 (today) and…
Labour faces union backlash after minister says living wage extension to over-18s not certain before election Another leader of a union affiliated to Labour has condemned the suggestion from Torsten Bell this morning that Labour may postpone bring down the age at which workers get the full national living wage from 21 to 18 until…