GBP/USD: Elliott Wave Analysis and Reaction to BoE
BoE raised rates yesterday by 50bp as expected, but speculators look towards the end of […]
GBP/USD: The Cable Dips Further on Renewed Risk Aversion
Cable remains in red on Friday and extends lower after nearly 2% drop on Thursday, […]
GBPJPY Hovers in Ascending Triangle Near 167.00
GBPJPY reversed to the downside to test its short-term simple moving averages (SMAs) after the pullback off […]
Back to Economic Data With All-Important European PMI
Markets The ECB delivered a 50 bps hawkish-to-the-bone rate hike yesterday. More than a third […]
Bank of England Review – A Dovish 50bp as BoE Nears the End of Hiking Cycle
In line with our expectation, the BoE today hiked policy rates by 50bp, bringing the […]
BoE Split in Decision to Hike by 50 bps
The Bank of England has followed the footsteps of the US Federal Reserve by hiking […]
GBP/USD to Test Resistance
The pound holds firm as the BoE meets amid softer CPI from last month. Sterling […]
BoE Set for Another Rate Hike, But Divisions May Widen
The Bank of England will step into the spotlight during the post-FOMC session on Thursday […]
EURGBP Trades in a Sideways Manner
EURGBP has been trading in a quiet mode since Friday, hovering slightly above the 0.8545/70 […]
Pound Shrugs as UK Inflation Dips
There was good news on the UK inflation front, as the November data pointed to […]
Expect Fed to Raise Terminal Policy Rate to 5% and Perhaps Even More
Markets US CPI eased more than expected in November to 7.1% headline and 6% core […]
Stocks Jump after Inflation Cools by More than Forecast
US futures Dow futures +2% at 34704 S&P futures +2.7% at 4100 Nasdaq futures +3.75% […]