GBPUSD retreats on sour sentiment, doubts over Brexit
Abstract：GBP/USD remains pressured towards 1.1500 during early Thursday morning in Europe, reversing the previous day’s rebound, as global markets remain dicey ahead of the US data.
GBP/USD remains pressured towards 1.1500 during early Thursday morning in Europe, reversing the previous day‘s rebound, as global markets remain dicey ahead of the US data. The market’s risk profile turned weak as indecision among the Fed policymakers, especially after the last weeks strong US data, joined escalating coronavirus fears from China.
As a result, the US Dollar defends the previous weekly gain amid a rush for risk safety. The same weighed on the commodities and Antipodeans. Among them, crude oil prices dropped the most as demand woes escalate and supply fears eased, mainly due to Chinas covid conditions and easing fears from Russia.
The British government is breaching the withdrawal agreement with the European Union by requiring EU citizens to reapply for the right to live and work in the United Kingdom, an independent body set up to oversee citizens rights told a London court on Tuesday, reported Reuters.
AUDUSD justifies its risk barometer status while GBPUSD has an additional negative, namely Brexit, to trim some of its latest gains.
Cryptocurrencies continued portraying the market‘s fears as FTX-inspired shock isn’t forgone and suggests more hardships for the BTCUSD and ETHUSD.
Read more
OW Markets Review 2026: Withdrawal Complaints Spark Trust Concerns
The reputation of OW Markets, a Seychelles-based forex brokerage entity, seems to have taken a hit amid a growing number of user complaints recently. They complained about slow withdrawals, poor response from customer support officials, and profit deletions. Enraged by these alleged trading activities, traders have given their sharp reactions on broker review platforms. If you are one of the affected traders or are planning to trade with it, this OW Markets review is meant just for you! Here, we will not only review the user complaints but also share its regulatory details. A comprehensive guide will help you make an informed financial decision.
RBI Burned $8 Billion in One Week — Is Your Rupee Safe?
The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.
CMC MARKETS Analysis Report
CMC MARKETS presents a mixed picture for forex traders, earning a moderate overall rating of 6.4 out of 10 based on 228 reviews and a "Use with Caution" designation. The broker demonstrates notable strengths that have resonated with the majority of its client base, particularly its user-friendly interface that simplifies the trading experience, responsive customer support that addresses initial inquiries effectively, and a solid reputation for safety that provides some reassurance to traders. These positive attributes are reflected in the sentiment distribution, where 150 reviews were positive compared to just 47 negative ones, suggesting that many traders have had satisfactory experiences with the platform. However, the 20.6% negative rate cannot be ignored, as it highlights recurring concerns that potential clients should carefully consider.
What? The Rupee’s Fall from 90 to 95 Remains the Fastest Five-Point Decline in a Decade!
No, we are not kidding! The rupee has indeed hit this low, from 90 to 95 against the US dollar, the fastest in nearly a decade, highlighting the slump due to rising crude oil prices and global uncertainty from the series of adverse events related to the geopolitical conflict in the Middle East. It just took five months for the rupee to weaken from 90 to 95, the sharpest five-point depreciation since the 2013 taper tantrum. During this period, the rupee declined from 60 to 65 within a month amid concerns over India’s current account deficit and large capital outflows.
WikiFX Broker
Latest News
Rupee Recovers on RBI Support and Softer Oil
WikiFXSilverlight securities Review 2025: Is This Forex Broker Safe?
WikiFXCatching Forex Breakouts After a Triangle Volatility Squeeze
WikiFXDollar Slumps On Iran Peace Hopes
WikiFXWhy Some Currency Pairs Have Much Wider Spreads Than Others
WikiFXHow Bank Rates, Reserves, and Revaluations Actually Move Currency Prices
WikiFXRupee Gains as Dollar Retreats
WikiFXFBS Review: Regulation Warning Around a Broker Facing Withdrawal and Slippage Complaints
WikiFXRoboForex Review: Regulation Warnings Hit This Broker as Withdrawal Complaints Mount
WikiFXAlfa Capital Review 2026: Should You Trade with This Broker?
WikiFXRate Calc
