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Posts Tagged ‘Oil Prices’

GBP Struggles Amid Middle East Tensions, Focus Shifts to ECB and Fed Rate Moves

By Currency Global | October 8, 2024

GBP The Pound Sterling started the week on the back foot, weakening against its major peers as market sentiment took a hit. At the time of writing, GBP|USD and GBP|EUR are trading at 1.3098 and 1.1913, respectively. Growing tensions in the Middle East, particularly between Iran and Israel, have sparked concerns. Over the weekend, Israel…

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