GBP/USD Exchange Rate Falls to a Month’s Minimum
Yesterday and today, the GBP/USD rate fell below 1.27 for the first time since July […]
British Pound Under Pressure Ahead of Bank of England Decision
BoE expected to raise rates at Thursday meeting Money markets are split over extent of […]
EURGBP Has a Nice Setup for a Bullish Reversal
EURGBP keeps on maintaining a positive mood for the third consecutive day while confirming a […]
Bank of Japan Intervened With Unscheduled Bond Buying Program
Markets Bunds and US Treasuries parted ways yesterday. Yields on the latter surged more than […]
What To Trade In August?
As is the custom, every new month in the financial market often presents long-term, swing […]
GBPUSD Consolidates as Pullback Fades
GBPUSD has been in a prolonged uptrend since October 2022, storming to a fresh 15-month high […]
Aussie Trades on Backfoot Following RBA’s Decision
Markets European (core) inflation and Q2 GDP growth topped expectations and keeps the September ECB […]
Aussie Slips after RBA But Downside Limited, Dollar Firmer Ahead of ISM Manufacturing
Australian Dollar is trading broadly lower after RBA opted to keep interest rates on hold. […]
GBP/USD at Clear Risk of Further Declines
Key Highlights GBP/USD declined below the 1.3000 and 1.2900 levels. A connecting bearish trend line […]
Will BoE Go Back to 25bps Interest Rate Increments?
With inflation in the UK slowing by more than expected in June and the July […]
EUR/GBP Technical: Recent Downside Momentum Subsided
The 4-hour RSI oscillator has traced out a bullish divergence condition at its oversold region. […]
BoE to hike for sure, but by 25bps or 50bps?
BoE is widely expected to continue tightening today, though the extent of interest rate hike […]