United States Baker Hughes US Oil Rig Count increased to 485 from previous 482

Aug 9, 2024

GBP/USD Price Forecast: Inches higher, yet struggles at 1.2785

The Pound Sterling continued to register gains on Friday yet found some resistance at 1.2773, shy of hitting the 50-day moving average (DMA) at 1.2785, which, if cleared, could pave the way for further upside.

Dow Jones Industrial Average flattens after volatile week

The Dow Jones Industrial Average (DJIA) is trading mostly flat on Friday, testing the water near the week’s opening bids after a run of volatility sparked by broad-market concerns that the Federal Reserve (Fed) might have missed the train on rate cuts.