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About: anakin

Recent Posts by anakin

The UK FTSE 100 declines as trade deal expectations disappoint, with tariffs remaining unchanged

UK-US trade deal disappoints; FTSE dips as vague terms keep tariffs on steel, autos, and tech.

Unit Labour Costs in the United States exceeded expectations, recorded at 5.7% instead of 5.3%

US labor costs rose sharply, strengthening the dollar; gold dipped, GBP/USD and EUR/USD declined, XRP surged.

The 4-week average of initial jobless claims in the US rose to 227K from 226K

US jobless claims rise, GBP and EUR fall on dollar strength; gold dips, XRP gains on crypto optimism.

The USDCHF fluctuates within established boundaries, with pivotal levels influencing market sentiment and direction.

USDCHF trades sideways between key resistance and support; moving averages suggest a neutral market outlook.

Andrew Bailey, Governor of the Bank of England, expressed support for US-UK trade deals and rate cuts

Bank of England cuts rate to 4.25%, signals gradual easing amid inflation, wage pressures, and uncertainties.

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