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The British pound sterling, paired with the US dollar, continues to decline. The current GBPUSD exchange rate stands at 1.2140. Today’s pound levels represent new six-month lows. Investors believe that the Bank of England has concluded its aggressive cycle of monetary policy and is not expected to raise interest rates in the near future. This […]

The major currency pair has slipped even lower by Thursday. The current EURUSD exchange rate stands at 1.0495. This places the US dollar at a ten-month high. The primary reason behind this trend is the strong market belief in the Federal Reserve’s prolonged period of elevated interest rates. In this context, the yield on the […]

On Wednesday, the Treasury bond market was hit by a new wave of sell-offs. The yield on 10-year bonds surged by 11 basis points in a short span of time, setting a new local high: The sell-off was apparently triggered by the durable goods orders report. The market had expected a 0.2% decline for the […]

Energy Prices Stoke Concerns UK shares have come under heavy selling pressure again today with the FTSE falling around more than 1% over early European trading on Thursday. The index is now down almost 3% from the September highs and looks vulnerable to further losses through the end of the week. The driver behind the […]

TIO Market Trading/ Tiomarkets-trading.com (Clone of FCA Authorised firm)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2145 is expected, followed by a decline to 1.2015. An additional signal confirming the decline will be a rebound […]