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ECB is not expected to cut in July but will it signal one for next meeting? Retail sales will be the main highlight in the United States UK CPI report will be vital for BoE’s August...
The British pound has extended its gains on Thursday. GBP/USD is trading at 1.2876 in the European session, up 0.22% on the day. UK GDP Beats Expectations The sun is shining in London today and...
There is positive news for the Pound beyond the fact that England will play in the Euro-24 final. The monthly estimate showed that the economy grew by 0.4% in May (twice as much as expected) and that...
Today's CPI Report Will Define Gold's Movement The gold (XAU) price has been rising for two consecutive days, and XAU/USD gained 0.33% yesterday. Many investors expect US inflation data to define the...
Ahead of Thursday’s release of US CPI, the US dollar has been in a holding pattern so far this week after dropping last week following the publication of mostly weaker US data. The weaker dollar last...
GBP/USD is trading near 1.28, which has acted as an area of resistance in the pair since last December. At the same time, the range of fluctuations of the pound is narrowing, as since October, the...
Labour Party secures majority in UK election with 412 seats, calming market expectations. GBP/USD remains stable amid anticipation of steady fiscal policies and potential BoE rate cuts. US inflation...
The swaps market slightly raised the likelihood of an August cut in the US (~68% vs. 65%), a September cut (98% vs. 88%) and two cuts this year (98% vs. 80%) over the course of the past...
The UK national election on Thursday propelled the Labour Party to a sweeping victory, and Labour leader Keir Starmer will become the next Prime Minister. In the six-week election campaign, Labour...
The UK’s Labour Party is set to win a highly anticipated landslide victory in the general election. Cable is at 1.2780, and the FTSE Futures are pointing at a positive start to the session. With the...
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