Finance News
By Pankaj K
1 / 15
The pound got hammered Monday. Trading near 1.3400 against the dollar, the GBP/USD pair fell 0.
2 / 15
Eastern Europe's crisis keeps getting worse, and currency markets can't handle the uncertainty.
3 / 15
Last week's recovery attempt? Gone. The GBP/USD pair had shown some life, climbing back from earlier losses, but Monday's geopolitical bombshell killed that momentum dead.
4 / 15
Market volatility hit extreme levels as participants scrambled to adjust their books. Position changes happened in minutes, not hours, as algorithmic trading systems and human…
5 / 15
Interest rates remain the big unknown for both the Bank of England and Federal Reserve. The BoE's next move is anyone's guess right now - will they hike rates despite global…
6 / 15
Economic data drops this week could shake things up even more. UK growth numbers are due soon, with analysts expecting moderate expansion, but even decent data might not help the…
7 / 15
Ben Broadbent speaks March 2. The Bank of England Deputy Governor's scheduled remarks about the economic outlook have traders on edge, hoping for any hints about the central…
8 / 15
Jerome Powell's congressional testimony this week is equally critical. The Fed Chair's comments on monetary policy could determine whether the dollar keeps its safe-haven bid or…
9 / 15
Oil prices smashed through $100 per barrel. Brent crude's surge adds another headache for the UK economy, cranking up inflation pressures that are already running hot.
10 / 15
The London Stock Exchange opened mixed Monday, with financial stocks getting hit hardest as investors worried about currency market chaos spilling into equities.
11 / 15
Christine Lagarde's recent inflation comments added more complexity to European currency trading.
12 / 15
UK inflation data from March 1 showed consumer prices up 5% year-over-year. That's way above the Bank of England's target, putting more pressure on policymakers to act despite…
13 / 15
US manufacturing data disappointed slightly. The ISM index dropped to 58.6 in February from 58.7 in January, suggesting growth might be slowing in America's factory sector.
14 / 15
Goldman Sachs cut their GBP/USD forecasts. The investment bank now sees the pair testing below 1.
15 / 15
Russian-Ukraine developments remain the wild card nobody can predict.
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