Tag: pound
Surprising Rise of the Russian Rouble as the World’s Best-Performing Currency
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The Russian rouble has made an unexpected leap to become the world's best-performing currency, despite the ongoing geopolitical volatility caused by Russia's invasion of...
GBP/JPY Surges Past Resistance, Eyes Higher Targets – Forecast for May 14, 2025
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The British pound/Japanese yen (GBP/JPY) currency pair extended its bullish momentum in Tuesday's session, decisively breaking through the key resistance level at 194.60. This...
Oil Prices Climb 3% on U.S.-UK Trade Deal and Hopes for Progress with China
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Oil prices surged on Thursday, buoyed by renewed optimism over global trade prospects after U.S. President Donald Trump announced a new trade framework with...
GBP/USD Forecast: Dollar Weakens as Growth Concerns Take Center Stage
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The GBP/USD forecast suggests a pause in the dollar’s recent relief rally, as concerns about economic growth begin to overshadow temporary optimism. While the...
GBP/USD Tests Key Resistance Amid Bullish Momentum
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April 11, 2025 — The British pound extended its gains against the U.S. dollar in intraday trading on Thursday, building on recent strength after...
Commodities: Gold prices hit a new high and then fell slightly due to safe-haven demand
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Gold prices are still close to historical highs. Before US President Trump plans to announce on Wednesday that he will impose comprehensive tariffs on...
Does Gasoline Evaporate Quickly?
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Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...
Markets React as Powell Dismisses Recession Fears, USD Slips
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Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
European Markets Close Lower Amid Rising U.S.-Canada Trade Tensions
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European stock markets closed lower on Tuesday, extending losses as trade tensions between the U.S. and Canada intensified. The pan-European Stoxx 600 index ended...
Gold Prices Steady Near Record Highs Amid Tariff and Inflation Uncertainty
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Gold prices held steady on Friday, remaining close to record highs despite U.S. President Donald Trump delaying his plans for reciprocal tariffs. While the...
What Plastic Is Safe for Gasoline?
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Gasoline is a highly flammable and volatile substance that requires careful handling and storage. The materials used for storing gasoline need to be durable,...
What Time Is the Lowest Spread in Forex?
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The forex market operates 24 hours a day, five days a week, offering a vast array of opportunities for traders across the globe. However,...