Data Fails to Sustain Pound Momentum – 19 February 2020

The Pound Sterling had earlier edged higher against the US Dollar in reaction to unexpectedly improved inflation data which had helped to boost sentiment. The Office of National Statistics reported that annualized CPI for January was at 1.8%, closing in on the Bank of England’s target of 2%. The latest […]

Gold Prices Surge Higher, Markets Respond – 19 February 2020

Gold prices pushed through the important $1,600 per ounce mark on Tuesday and continued higher during Wednesday’s Asian trading session, boosted by concerns about the coronavirus’s impact on the global economy. Apple warned early this week that it will miss first quarter guidance due to a decrease in production and […]