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




The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.