Tag: London financial news updates
Pound Struggles Against US Dollar: London Business News & Updates
The British pound has been struggling against the US dollar, with the exchange rate nearing its lowest point in ten weeks at around 1.2906. Despite this, there are indications that the pound could make...
Global Tensions Drive Gold Prices Up amid China-Taiwan Escalation – London Business News
Gold prices are on the rise, reaching near the $2,653 level today, Monday, due to the escalating tensions in the Taiwan Strait. China's military drills in the area have raised concerns internationally, leading investors...
Impact of Inflation and Economic Factors on Bitcoin’s Decline – London Business News
On October 10, 2024, the value of Bitcoin dropped by over 3.70%, falling to $58,900. This decline followed the release of inflation data in the United States that surpassed economists' expectations. The higher-than-anticipated inflation...
Gold Prices React to Economic Data Releases in London – Latest Business News
Gold prices in London saw a rise after a six-day decline, showing increased volatility in the market. This movement was influenced by the release of economic data, specifically related to inflation and the job...