British pound fell against the greenback during the Tuesday Asian session. The dampened market sentiment may be the reason behind the fall. First death linked to the omicron variant in the UK is the catalysts which dampened the market mood amid its fast global spread. As a response to increasing COVID-19 cases in the country, [...]
Pound is trading high against the greenback on Tuesday. The Slide in the dollar can be the reason behind this move. The Benchmark 10-year and 30-year US Treasury yields have pulled back from their one-week highs hit on Tuesday and are sliding further in Asia which is pressuring the greenback. The Market mood also improved [...]
Pound is trading in the positive node on Tuesday but struggles near 1.3420 level. The pound seem to trade higher against greenback although post-Brexit trade arrangements for Northern Ireland remain a risk which could drag the pound down. Relations between the UK and EU have been tattered due to the British threats to trigger Article [...]
GBP/USD is consolidating the recent recovery rally from two-month lows of 1.3424 as buyers started showing interest. A broadly weaker US dollar is the major reason for the buyer’s confidence. However, A lack of progress on the Brexit front along with that the impending threat of the UK triggering Article 16 keeps the pound under [...]
