Tag: Monetary policy
US Dollar Under Pressure Amid Fiscal Concerns Despite Economic Data Boost
The US Dollar done fell on Friday, erasing gains made in the previous session that had been driven by stronger-than-expected PMI and jobless claims figures. Despite them encouraging data points, markets remain wary after...
Dollar Index Awaits Inflation Data & Powell’s Testimony – London Business News
The U.S. Dollar Index (DXY) has been holding steady around the 108.00 level, with investors eagerly anticipating the release of U.S. inflation data and the continuation of Jerome Powell’s testimony before Congress. As the...
Boost in Consumer Confidence Amid Decrease in Inflation
Consumer confidence is on the rise as inflation rates decrease, bringing positive news in the financial sector. The two Mobeus VCTs have managed to sell out, raising an impressive £90 million in just 45...
Sterling Risks: Bank of England Rate Cut Concerns – London Business Updates
The British pound saw some stability on Friday, following a rebound on Thursday, but concerns about a potential Bank of England rate cut remained. The pound remained close to recent lows as investors monitored...