GBP/USD aims to recapture 1.2300 amid upbeat market mood, US/UK Inflation in focus

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

PolitiFact - Corporate profits do not drive inflation, but inflation boosts company profitsThis year, as inflation hit 40-year highs, some lawmakers suggested that high corporate profits have been driving inflation. But economists say that’s backward: Inflation, for now, is boosting corporate profits. I don’t buy this. It’s just another way of saying that corporate officers are unwilling to bear any the the painful aspects of the economy. Material costs may be rising at the wholesale level, but as you point out, labor costs are not. Not holding the line on prices is a choice. Yeah, no. Price gouging is raising inflation. Wall Street doesn’t want to admit it. The more money you put into a system, the less each dollar is worth. This is so simple. It’s math. People who don’t understand this really are kinda slow.
Fuente: PolitiFact - 🏆 17. / 71 Leer más »