Why is the British Pound rising amid the Middle East tensions?

Why is the British Pound rising amid the Middle East tensions?

The GBP/USD pair gathers strength to near 1.3495 during the early European trading hours on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) as cooler-than-expected US consumer and producer price data have limited the Federal Reserve’s (Fed) room for further interest rate hikes. Traders will keep an eye on the US […]

Latvia issues air threat alert, Finland restricts air and sea traffic

Latvia issues air threat alert, Finland restricts air and sea traffic

Latvian officials announced the activation of an air threat alert in the southeastern part of the country, near the border with Russia and Belarus, Reuters reported on Friday. It was also reported that fighter jets from the North Atlantic Treaty Organization’s (NATO) Baltic Air Policing mission were deployed.  Meanwhile, Finland, which also shares a border […]