The currency pair has experienced notable intraday drops, falling around 165 pips from the 157.95 region, driven in part by a dip-buying trend in the dollar. Despite these declines, speculation regarding potential intervention from authorities to...
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The Currency pair has shown signs of strength against its major peers towards the end of this week. After enduring a tough period marked by speculation that the Bank of England (BoE) might aggressively cut interest rates, the British currency may...
US considers empowering Google and Microsoft to regulate global access to AI chips Major changes are underway in the United States, with the government preparing to introduce new export regulations for AI chips. Under these new guidelines, tech...
Bundesbank downgrades its forecasts of Germany’s GDP for 2024 and 2025 Forecasts by Bundesbank analysts for Germany’s economic growth keep investors on edge. Market participants wonder whether the eurozone's powerhouse has broken down. The central...
