Category forex

Pound Slides Against Euro

EUR/GBP climbs to near one-month highs The British Pound is under pressure due to rising political uncertainty in the UK. The cross is trading around 0.8726, on track for weekly gains. UK 10-year gilt yields are climbing toward 5.2%, their highest level sin

US Dollar Gains Momentum

Dollar rises above 99.00 hurdle The US Dollar posted gains in every session since Monday, driven by the prospect of higher interest rates for longer. The currency's upward trend has reopened the door to a potential revisit of the psychological 100.00 barrier sooner