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GBP/USD pauses around 1.3500 as strong US data and cautious sentiment take hold

GBP/USD pauses around 1.3500 as strong US data and cautious sentiment take hold

On Wednesday, the British pound (GBP) dipped by 0.10% against the US dollar (USD), a reaction to less-than-ideal economic indicators from the United Kingdom (UK) as well as positive employment figures from the United States. As of this moment, GBP/USD is trading at 1.3486 after previously rising to a daily peak of 1.3516. Positive US […]

Retirement investors need to be cautious of our unstable ‘Marie Antoinette’ market

Retirement investors need to be cautious of our unstable ‘Marie Antoinette’ market

Beware of the “Marie Antoinette” market. The infamous Queen of France is often remembered—perhaps unfairly—for suggesting that if the masses couldn’t have bread, they should simply eat cake. It’s likely she never actually said that. Still, it reflects a critical point: sometimes what lands you in hot water isn’t exactly what you say, but how […]