Pound falls to 14-month low as bond sell-off piles pressure on Rachel Reeves – The Guardian

Pound falls to 14-month low as bond sell-off piles pressure on Rachel Reeves  The GuardianSterling and UK gilt prices tumble, pushing 10-year yield to highest since 2008  Reuters UKA plunging pound with surging U.K. yields suggest the bond vigilantes are lurking  MarketWatchPound sterling continues to sink as UK economy ‘clearly on very shaky ground’  MSNSterling tumbles for a second day against firmer dollar, even…

Asian Currencies Tumble With Rising US Dollar And Election Jitters

What’s going on here?Emerging Asian currencies like the Singapore dollar and Malaysian ringgit are struggling, facing their steepest declines in years due to concerns over potential delays in US interest rate cuts and uncertainty surrounding the upcoming presidential election.What does this mean?The US dollar has been climbing, marking its largest monthly gain in over two years as investors recalibrate expectations…

EUR/USD Signal Today – 31/10: Euro Soars Wed (Chart)

Created on October 31, 2024 Potential Signal:while I’m not necessarily too excited about the idea of owning the euro, the reality is that you have to trade the market that you have got. If we can get a break above the 200 Day EMA, essentially the 1.09 level, then I would be a buyer with a stop loss at the…

Euro

EUR/USD Signal Today – 31/10: Euro Soars Wed (Chart)

Created on October 31, 2024 Potential Signal:while I’m not necessarily too excited…

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