Pound Sterling Steady Ahead of US Core PCE Inflation Data
Pound Sterling Steady Ahead of US Core PCE Inflation Data The Pound Sterling (GBP) remains subdued against the US Dollar (USD) during Friday’s London session. The GBP/USD pair has edged down this week as investors exercise caution ahead of the US core Personal Consumption Expenditures (PCE) Price Index data for May, set to be released […]
Debate Highlights: Biden Struggles Against Trump on Economy
Debate Highlights: Biden Struggles Against Trump on Economy During the recent presidential debate, President Joe Biden struggled to demonstrate his readiness for a second term, faltering against former President Donald Trump. The debate was controlled and policy-focused, contrasting the 2020 debates’ outbursts and testy exchanges. Biden’s performance raised concerns about his age and mental acuity, […]
NZD/USD Nears Mid-0.6000s, Lowest Since Mid-May Ahead of US PCE
NZD/USD Nears Mid-0.6000s, Lowest Since Mid-May Ahead of US PCE The NZD/USD pair faces renewed selling pressure after a brief respite, plummeting to its lowest level since mid-May during the Asian session on Friday. Spot prices are currently trading just above the mid-0.6000s, down 0.35% for the day, confirming a bearish breakdown through the 50-day […]