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GBP/USD settles above 1.2250 amid positive market sentiment, UK and US inflation in sight

GBP/USD settles above 1.2250 amid positive market sentiment, UK and US inflation in sight

GBP/USD moved its trade pattern comfortably above 1.2250 as risk sentiment strengthened. The Federal Reserve is expected to ease the pace of interest rate hikes next week. A hawkish policy is expected from the Bank of England despite the recession in the UK. The GBP/USD is likely to accelerate its bull run as the RSI …

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Column: Dodging the Recession Could Whip the Markets: Mike Dolan

Column: Dodging the Recession Could Whip the Markets: Mike Dolan

LONDON, Dec 2 (Reuters) – A recession of sorts next year is quickly becoming a consensus – so much so that financial markets could find themselves whipped if they don’t materialize. The crux of most outlooks for 2023 is a year of contraction in activity at some point, disinflation and interest rate spikes. The result …

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