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Rate hikes may be coming

Rate hikes may be coming

Pound-USD exchange rate struggles amid UK energy crisis

  • #Gold prices inched lower, as cautious investors braced for the U.S. Federal Reserve's guidance for tapering and interest rate hikes, while #risk-off sentiment stoked by China Evergrande's debt woes limited declines
  • The #GBPUSD exchange rate has fallen to a three-week low as souring market sentiment boosts demand for the safe-haven dollar
  • In a much-anticipated move, trading app #Robinhood is currently experimenting with unveiling a #crypto wallet to give users the option to send and receive popular cryptocurrencies like #Bitcoin on its platform

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