Fed Powell Puts a 50bps March Hike Firmly on Radar, GBP/USD Tests 2023 Lows
Key takeaways Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is […]
How Will BOJ Statement Affect the Yen?
The Bank of Japan is expected to release a statement regarding its monetary policy for […]
Fed Chair Powell Said Ultimate Peak Interest Rate Level Would be Higher
Markets Fed Chair Powell in front of the US Senate as expected said that the […]
UK Data Could Further Ease Recession Fears, But Can It Lift the Pound?
Economic output stats for January will kick off this month’s data releases for the UK […]
GBPUSD Lacks Bullish Conviction; Resistance at 1.2045
GBPUSD is making another attempt to climb the constraining 20-day simple moving average (SMA) at […]
Fed Chair to Reiterate Rates be Raised At Least In Line With December Dots.
Markets There was every reason to expect a calm session yesterday with Friday’s correction/consolidation on […]
GBP/USD Aims Recovery Above 1.2100, Oil Price Rallies
Key Highlights GBP/USD is attempting a recovery wave above the 1.2000 resistance zone. A major […]
GBP/USD Defends Major Floor
The pound bounces higher thanks to upbeat services PMI in February. On the daily chart, […]
ECB and Fed Speakers Maintained ‘Higher for Longer Mantra’
Markets On Friday, US and European yields envisaged an end of week countermove. The correction […]
Stocks Edge Higher ahead of ISM Non-Manufacturing Data
US futures Dow futures +0.17% at 33066 S&P futures +0.3% at 3990 Nasdaq futures +0.2% […]
GBPJPY Hovers Around 200-day SMA after Advance Falters
GBPJPY has been steadily gaining ground after finding its feet at the 2023 low of 155.34. […]
EUR/GBP Breaks Resistance
The pound licks wounds after the BoE hinted at pausing its tightening. On the daily […]