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GBP/USD Hits 1.2550 amid low trading volume
GBP/USD trades near 1.2570 as volume remains low during the holiday week. The US Dollar Index DXY stays stable around 108.15, showing little movement. Fed’s gradual interest rate cuts expectations weigh on the Greenback. The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to…
USD/CAD eyes Canadian jobs report – MarketPulse
The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day. Canada’s job growth expected to slow With the tough battle against inflation largely won, the Bank of Canada has been a leader in the easing…
Labour suspends 11 members who joined offensive WhatsApp group
Eleven Labour councillors have been suspended from the party over their membership of the “Trigger Me Timbers” WhatsApp group that has already led to the suspension of two MPs. Andrew Gwynne, the MP for Gorton and Denton in Greater Manchester, was sacked as a health minister and suspended from the party after messages he had…
Market Forecast for December 29, 2025 – January 02, 2026
The past week unfolded against the backdrop of gradually declining liquidity ahead of the Christmas holidays and a limited number of major macroeconomic releases. Market attention was focused on US data, including revised GDP estimates for Q3 and PCE inflation figures published on December 23-24. These releases set the overall trading tone, although in thin…
