About: melody

Recent Posts by melody

Unit Labour Costs in the United States exceeded expectations, recorded at 5.7% instead of 5.3%

US labor costs rose sharply, strengthening the dollar; gold dipped, GBP/USD and EUR/USD declined, XRP surged.

The 4-week average of initial jobless claims in the US rose to 227K from 226K

US jobless claims rise, GBP and EUR fall on dollar strength; gold dips, XRP gains on crypto optimism.

The USDCHF fluctuates within established boundaries, with pivotal levels influencing market sentiment and direction.

USDCHF trades sideways between key resistance and support; moving averages suggest a neutral market outlook.

Andrew Bailey, Governor of the Bank of England, expressed support for US-UK trade deals and rate cuts

Bank of England cuts rate to 4.25%, signals gradual easing amid inflation, wage pressures, and uncertainties.

A report indicates that the 10% tariff remains unchanged in the US-UK trade agreement

US-UK trade deal keeps 10% tariff; focuses on automotive, steel sectors with potential future changes.

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