About: anakin
Recent Posts by anakin
Despite BoE’s Dhingra’s speech, the Pound Sterling strengthens against major currencies, barring the US Dollar.
GBP rises broadly except against USD; BoE’s Dhingra signals rate cuts. USD weakens as Treasury yields drop.
Written on February 26, 2025 at 10:07 pm
Categories: Live Updates
Dhingra remarked that diminished trade forces and US tariffs hinder positive economic outlook in the UK.
Trade growth slowed; US tariffs may boost the dollar, affecting UK prices. Inflation control remains essential.
Written on February 26, 2025 at 10:02 pm
Categories: Live Updates
BP’s market response was lacklustre despite its reset, emphasising oil, gas, and cost reductions.
BP refocuses on oil, cutting costs, reducing capex, divesting assets, trimming buybacks, and aiming for higher shareholder returns.
Written on February 26, 2025 at 9:37 pm
Categories: Live Updates
The GBPUSD fluctuated around the 100-day MA, indicating market indecision and potential momentum shifts.
GBPUSD fluctuates near 100-day MA, testing 1.2690; support at 1.2607 holds, signaling short-term buyer strength.
Written on February 26, 2025 at 9:32 pm
Categories: Live Updates
Gold trades around $2,910, experiencing pressure ahead of President Trump’s forthcoming speech.
Gold trades near $2,910 after a decline, with potential risks and key resistance at $2,918 and $2,948.
Written on February 26, 2025 at 9:07 pm
Categories: Live Updates
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