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Asset Summary – Thursday, 13 March
Asset Summary – Thursday, 13 March GBPUSD is exhibiting a bullish outlook as the pound benefits from a weaker dollar and anticipation of sustained high interest rates in the UK. Reduced expectations for Bank of England rate cuts into 2025 are bolstering the currency. Upcoming GDP data and economic forecasts from the Office for Budget…
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Dollar Stable Amid Trade War Uncertainty – Thursday, 13 March
The US dollar index held steady around 103.5, navigating a complex landscape of trade tensions and economic data. Investors are carefully assessing the potential consequences of escalating trade disputes, including tariff implementations and retaliatory actions, on the US economy and consumer prices. The US dollar index remained stable around 103.5. President Trump vowed to impose…
