Forex Today: Recession fears weigh on sentiment, eyes on US PMI, Powell's testimony By eren_fxstreet Currencies Majors Macroeconomics EconomicIndicator Commodities
suffers heavy losses early Thursday and trades below 1.2200. The British pound is having a tough time finding demand as investors continue to move away from risk-sensitive assets. The UK's FTSE 100 Index was last seen losing nearly 1% on the day.is pushing lower and was last seen trading deep in negative territory below 135.50. The JPY seems to be capitalizing on safe-haven flows so far on the day.struggles to find direction and moves up and down in a tight range near $1,840.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: Chief Powell could bring back markets’ roller coasterWhat you need to take care of on Wednesday, June 22: US Federal Reserve chief Jerome Powell will testify before Congress. His pre-prepared remarks wil
Read more »
EUR/USD Forex Signal: Choppy ActionThe euro is holding up relatively well against the stronger dollar. Get our Forex signal here: EURUSD
Read more »
GBP/USD Forex Signal: Sterling Outlook Ahead of UK DataThe GBP/USD price continued to consolidate as investors waited for the upcoming UK consumer and producer inflation data.
Read more »
Enter today to win the fastest electric SUV ever madeEnjoy every long drive this summer thanks to Omaze's latest all-electric giveaway.
Read more »
Today I learned you can identify plants and flowers using just your iPhone cameraLike Google Lens built straight into your iPhone
Read more »