Pound Touches the aftermath of the recent French elections, the pound sterling has surged against the euro, reaching a notable high not seen in weeks. This article delves into the implications of this currency movement and the factors driving it. Overview of Recent Events Labour’s Victory and its Immediate Effects on GBP Labour’s decisive victory …
Pound Touches Three-Week High vs Euro After France Vote Read More »
Franc Hovers tumbled in European trade on Thursday against a basket of major rivals, resuming losses against the US dollar and nearly hitting five-week lows. This decline follows the release of Swiss inflation data, which indicated weak price pressures that may prompt further interest rate cuts by the Swiss National Bank (SNB). The Price The …
Bitcoin Skids to experienced a sharp decline on Thursday, hitting two-month lows and marking the third consecutive session of losses amid a heavy selloff. The looming repayments to debtors by the Mt. Gox platformwhich collapsed after a massive hack in 2014, are fueling market concerns. Prices Bitcoin fell by 5.7% on Bitstamp today, reaching $56,748, …
Sterling Hit soared in European trade on Friday, extending its gains for the fourth consecutive session against the dollar and hitting three-week highs following a historic victory by the UK Labor Party in the general elections. Sterling’s Recent Performance The pound has been on an upward trajectory, particularly against the US dollar. Today, the GBP/USD …
Sterling Hit Three-Week High After Historic Win by UK Labor Party Read More »
Bitcoin Skid tumbled to a five-month low on Friday, marking its fourth consecutive loss and setting the stage for its heftiest weekly loss since 2022. The downturn comes amid a heavy selloff, exacerbated by looming repayments from the Mt. Gox platform. Bitcoin’s Recent Performance Bitcoin’s price has been on a downward trajectory, dropping 6.1% on …
Bitcoin Skid to Five-Month Trough Up for Repayments Read More »
Labor Win recent landslide victory of the Labor Party in the UK elections marks a significant shift in the country’s political landscape. This change comes with substantial implications for various sectors, especially the oil and gas industry. As the Labor Party returns to power after 14 years, its policies and manifesto commitments are poised to …
Labor Win in the UK Entail for the Oil and Gas Industry Read More »
