Sterling Falters Post-UK Inflation Report, Dollar Sees Momentary Respite
Sterling emerged as the standout underperformer today, reacting notably to the latest CPI data from […]
No More Rate Hikes Likely from BoE as Inflation Hits Two-Year Low
UK inflation fell sharply in October and faster than the Bank of England anticipated, further […]
British Pound Rose Confidently as U.S. Inflation Slowed
Yesterday, GBPUSD rose by 1.79% after lower-than-expected U.S. Consumer Price Index (CPI) figures. Possible effects […]
Fed Done Hiking and Readying a Full Percentage Rate Cut by End Next Year
Markets The Fed is done hiking and readying a full percentage rate cut by end […]
GBPUSD Short Term Elliott Wave Structure Suggests Further Upside
GBPUSD shows a 5 swing sequence from 10.4.2023 low favoring further upside. The rally from […]
US CPI to Dictate Dollar’s Path, GBP/JPY Poised Ahead of UK Employment Figure
The financial markets are intently focused on the upcoming US CPI report, a key indicator […]
Sterling and Aussie Bounce Back from Recent Lows, Euro Sees Downside Risk
There’s a noticeable lack of a unifying theme in the forex markets today, largely attributed […]
Pound Shrugs as Wage Growth Cools, US Inflation Next
UK wage growth eases US inflation expected to fall to 3.3% The British pound has […]
GBPUSD Enters Ichimoku Cloud after Claiming 50-SMA
GBPUSD breaks out of triangle but 200-day SMA curbs advance Despite a mild pullback, the bulls […]
GBP/USD: Cable Cracks Pivotal 1.2300 Resistance Zone on Strong UK Labor Data
GBPUSD cracked 1.2300 barrier in early European trading on Monday, boosted by better than expected […]
GBP Rises on Strong U.K. Employment Change Report
GBPUSD The British pound (GBP) slightly increased on Monday following a cabinet reshuffle by British […]
A Drawn Out Countdown to US October Inflation Numbers
Markets Talk about a slow, uninspired start of the week. Core bonds traded mixed with […]