EUR/GBP Tests Resistance
The pound tumbled after the BoE expressed concerns of a prolonged recession. On the daily […]
2023 Global Economic Outlook
Summary Forecast Changes We have not made significant changes to our country-specific or global growth […]
Forex Friday: GOLD, USD/CAD, GBP/USD and USD/JPY
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
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 […]