Pound rises against dollar amid Middle East tensions and falling oil prices
The pound rose against the dollar on Tuesday as hopes for a de-escalation in the Middle East conflict pushed oil prices lower and eased inflation concerns for Britain’s import-dependent economy.
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Wall St opens subdued as investors monitor US-Iran tensions - TradingView
Wall St opens subdued as investors monitor US-Iran tensions TradingView
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Read full article →Pound rises against dollar amid Middle East tensions and falling oil prices
The pound rose against the dollar on Tuesday as hopes for a de-escalation in the Middle East conflict pushed oil prices lower and eased inflation concerns for Britain’s import-dependent economy. Sterling GBP=D3 gained 0.1%, reaching $1.3454 against the dollar. It was slightly lower versus the euro at 86.52 pence. EURGBP= “The UK fundamentals are pretty […]
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Member states of the International Energy Agency (IEA) met on Tuesday for crisis talks to assess security of supply and the potential release of emergency stocks as the Middle East war roils markets, the body's chief said. The post Global energy body discusses releasing strategic oil reserves appeared first on Vanguard News.
By Emmanuel Okogba
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