Convert British Pound to US Dollar GBP USD Exchange Rate

Retail sales plunged 0.7% in October, more than double the expected 0.3% decline, reflecting weaker consumer spending. PMI data also showed a contraction in business activity for the first time easiest way to change ada to usd in over a year, raising fears of a broader economic slowdown. The oil markets are particularly anxious about the potential for Ukraine to damage Russian energy infrastructure, which could disrupt oil production and tighten global supplies. This concern has been a crucial factor supporting crude prices. "It’s really one main geopolitical factor that’s at play here in the gold market over the course…

• Date: Temmuz 13, 2022
• Author: kerem ilkılıç
• Category: Forex Trading

Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The GBP and USD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. However, the period between 3-4 PM GMT is often a good time to convert British Pounds to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it's advisable to 10 big data management and business analytics tools…

• Date: Temmuz 13, 2022
• Author: kerem ilkılıç
• Category: Forex Trading