ADVFN Daily News

GBP/USD Cuts Part of the In-day Profits, Yet Receives Bid Beyond 1.2000 Due to Weak USD

Nov 29 2022 @ 05:11
Fresh buying orders located the GBP/USD pair Today (Tuesday). This has brought some recovery from yesterday’s dip to a 3-days low. Nevertheless, GBP/USD has retraced a few pips Downwards from its daily height in the first part of the European trading period. As of now, the pair is being bought and sold beyond the 1.2000 […]
 

ADVFN Morning London Market Report: Tuesday 29 November 2022

Nov 29 2022 @ 03:37
London open: Stocks rally amid China easing hopes London stocks rose in early trade on Tuesday, with commodities pacing the gains amid hopes China will ease Covid restrictions. At 0850 GMT, the FTSE 100 was up 0.9% at 7,539.68. Victoria Scholar, head of investment at Interactive Investor, said: “Risk-on sentiment has lifted European equities this morning […]
 

ADVFN Morning London Market Report: Monday 28 November 2022

Nov 28 2022 @ 03:53
London open: Stocks fall as China protests dent sentiment London stocks fell in early trade on Monday as sentiment was hit by anti-lockdown protests in China. At 0830 GMT, the FTSE 100 was down 0.6% at 7,439.47. Victoria Scholar, head of investment at Interactive Investor, said: “Rare protests have broken out across major Chinese cities in […]
 

GBP/USD Selling Near 1.2050 During COVID Crisis in China

Nov 28 2022 @ 01:59
GBP/USD is facing mild selling pressure around 1.2050 before London open today. GBP/USD is trying to cheer the impetus hopes during the anxiety of main strikes in the United Kingdom and Coronavirus agitations in China. A report from Reuter has it that British public-sector pay won’t be able to match the rising inflation. This is […]
 

ADVFN Morning London Market Report: Thursday 24 November 2022

Nov 24 2022 @ 03:43
London open: Stocks steady as sterling strengthens London stocks were steady at the open Thursday, underperforming European peers amid a firmer pound, as investors digested the latest minutes from the US Federal Reserve. At 0920 GMT, the FTSE 100 was flat at 7,465.12, while sterling was 0.3% higher versus the dollar at 1.2091. Markets were […]
 

ADVFN Morning London Market Report: Wednesday 23 November 2022

Nov 23 2022 @ 03:40
London open: Stocks rise as investors eye Fed minutes London stocks rose in early trade on Wednesday, taking their cue from positive US and Asian sessions, as investors eyed the latest readings on the UK manufacturing and services sector, and minutes form the Federal Reserve. At 0825 GMT, FTSE 100 was up 0.3% at 7,475.95. […]
 

EUR/USD Continues to Gather Profits Above 1.0250 During USD Pullback

Nov 22 2022 @ 03:57
EUR/USD continues to move further above the 1.0250 mark during the opening hours of the European trading period. A lower hawkish tone from the Federal Reserve is burdening the United States Dollar. At the same time, European Central Bank officials see the need for a reduced interest rate come next December. Meanwhile, the United States […]
 

AUD/USD Appears Weak Near a Week Low During Wide USD Recovery

Nov 21 2022 @ 09:10
AUD/USD continues its downward retracement from last week. The pair slides from the 0.6800 price level and subsequently drew some selling order today. AUD/USD retained its tone throughout the opening of the North American trading period. Now, the pair reclines near a week’s low, barely above the $0.6600 price level. The United States Dollar gains […]
 

ADVFN Morning London Market Report: Monday 21 November 2022

Nov 21 2022 @ 03:39
London open: Stocks fall amid China Covid woes; miners hit London stocks fell in early trade on Monday, with miners pacing the decline amid worries about growing Covid cases in China. At 0840 GMT, the FTSE 100 was down 0.5% at 7,351.29. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “Financial markets have […]
 

ADVFN Morning London Market Report: Thursday 17 November 2022

Nov 17 2022 @ 04:09
London open: FTSE edges down ahead of Autumn Statement London stocks edged lower in early trade on Thursday following losses in the US and Asia, as investors eyed Chancellor Jeremy Hunt’s Autumn Statement. At 0840 GMT, the FTSE 100 was down 0.2% at 7,335.91. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “The […]
 
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