Bank of England Delivers Jumbo Hike, Hints at Smaller Moves Ahead
Summary The Bank of England (BoE) raised its policy rate aggressively at today monetary policy […]
British Pound Breaks Down on BoE’s .75% Hike: GBP/USD, GBP/JPY
It was a sobering outlook from the Bank of England, warning of a ‘very challenging’ […]
BOE Delivers a “Dovish” 75bps Hike
In contrast to the Fed, the Bank of England has said that the peak interest […]
GBP/USD Plunges on Powell, BOE Warning
The British pound is sharply lower today. In the European session, GBP/USD is trading at […]
EURUSD Slips Back Below Downtrend Line
EURUSD came under strong selling pressure yesterday following Fed Chair Powell’s hawkish remarks, breaking back […]
Gold Price Set Up for More Losses
Gold continues to trade heavy below major support with a pattern developing that suggests more […]
US initial jobless claims dropped to 217k
US initial jobless claims dropped -1k to 217k in the week ending October 29, slightly […]
EURUSD: Euro Falls Further after Fed Signaled More Rate Hikes
The Euro extend a steep fall from 1.0090 zone double top, falling around 0.8% on […]
BoE hikes 75bps, two doves dissented
BoE raises Bank Rate by 75bps to 3.00%. The decision was made by 7-2 votes. […]
(BOE) Bank Rate increased to 3%
Monetary Policy Summary, November 2022 The Bank of England’s Monetary Policy Committee (MPC) sets monetary […]
EURUSD Wave Analysis
EURUSD under bearish pressure Likely to fall to support level 0.9700 EURUSD currency pair under […]
US ISM services fell to 54.4 in Oct, lowest since May 2020
US ISM Services PMI dropped from 56.7 to 54.4 in October, below expectation of 55.2. […]