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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NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of TELUS International (Cda) Inc. (NYSE: TIXT) between February 16, 2023 and August 1, 2024, both dates inclusive (the “Class Period”). A class action…
UBS advised investors to sell any potential short-term gains in the US dollar, adopting a more bearish stance on the currency for the medium term. The firm anticipates a possible corrective rebound in September, particularly if the Federal Reserve’s hesitancy to implement rate cuts greater than 25 basis points aligns with the seasonal trend of…
EURUSD: The EUR/USD pair ended its three-day losing streak, trading near the 1.0920 mark during the Asian session. The EUR/USD pair’s rise could be attributed to a decline in the US Dollar (USD), which could be attributed to heightened expectations of a dovish policy from the US Federal Reserve (Fed). However, EURUSD ran into trouble…
US Dollar bounces from three-year lows after Fed cut, supported by rising US Treasury yields late in the week. Fed officials Daly and Kashkari offered cautious tones, while Miran reaffirmed his preference for deeper easing. French spending cut protests pressure Macron’s new PM, adding political headwinds for the Euro. EUR/USD edges lower on Friday, late…
🎢 Emotional Swings — Why One Trade Can Change Your Entire Mood 🎯 The Lesson You win a trade → you feel unstoppable.You lose a trade → you feel terrible.Your whole mood, confidence, and energy depend on one candle.That’s called emotional swinging, and it silently destroys consistency. 🧠 What Really Happens Your brain reacts to…
Meta’s Quiet AI Revolution: More Profitable Than You Think? Meta Platforms’ recent earnings report underscores a crucial narrative investors shouldn’t overlook—the company’s highly effective integration of artificial intelligence (AI). Following the earnings release, Meta shares surged around 4.25% yesterday and continued to show resilience today, up an additional 0.9% pre-market. So, what’s driving investor optimism,…