Europe’s Central Banks Deliver Another Rate Hike Dose
Summary The European Central Bank (ECB) delivered a 50 basis point increase in its Deposit […]
Four Guys Walk into a Bar Before Central Bank Meetings…….
Four guys walk into a bar before central bank meetings. The first guy buys US […]
GBP/USD Outlook: Sterling Expects Stronger Direction Signals from BOE
Cable stands at the back foot on Thursday, ahead of BOE policy meeting, though the […]
European Currencies Ahead of the Banks’ Statements
Information is not investment advice The Backstory On Thursday, the 2nd of February, the Bank […]
Euro/ECB About to Outhawk Both USD/Fed and GBP/BoE
Markets The Fed unanimously decided to raise its policy rate by 25 bps to 4.5%-4.75%, […]
EUR/GBP upside breakout ahead of BoE and ECB, some previews
Two central banks will announce rate decisions today, BoE and then ECB. Currently, the base […]
Big Miss for ADP Employment Change; Weather Cited
The ADP Employment Change showed that the US economy added 106,000 private sector jobs in […]
UK Will Not Avoid Recession Says IMF; What Does this Mean for the Pound?
Britain’s economy may be the only one that contracts in 2023 according to the IMF’s […]
GBP/USD Pair Moved into a Short-term Bearish Zone Below 1.2365
The British Pound started a bearish reaction from the 1.2420 resistance zone against the US […]
Fed Expected to Downshift Tightening Pace Again
Markets The build-up to a Fed decision usually brings lackluster trading. This time around, things […]
BoE Preview: MPC Might Be Split But 50 bp Hike Likely
The Bank of England has a decision to make on Thursday. It is not “to […]
GBP/CHF accelerates lower as BoE close to end of tightening cycle
Sterling dives broadly after BoE rate decision. CPI is now projected to fall back to […]