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On Tuesday, the Australian dollar (AUD) was the best-performing currency among the 20 global currencies we track, while the Mexican peso (MXN) showed the weakest results. The Nigerian naira (NGN) was...
Contrary to market’s expectations, the UK headline inflation rate probably accelerated in September. The Bank of England may have to raise its benchmark interest rate in November. The British...
UK GDP bounces back with 0.2% gain FOMC minutes: Restrictive policy to continue until inflation falls to target The British pound continues to have a quiet week. In the European session, GBP/USD is...
US 10-year Treasury yield falls 6.6bps to 4.587% Fed’s Bowman and Waller become less hawkish FOMC minutes are to be released at 2 p.m. EST The US Dollar pared losses after a hot PPI report but...
UK growth expected to rebound in August Fed members more dovish due to the increase in US yields The British pound is calm on Wednesday. In the European session, GBP/USD is trading at 1.2297, up...
GBPUSD stuck in a steep decline since mid-July, appearing unable to recoverRecords consecutive multi-month lows as the bulls remain on the sidelinesGiven that momentum indicators are pointing at...
German Institutes see 2025 GDP at 1.5% Germany GfK consumer confidence hit lowest since April 2023 Euro Zone M3 money supply posts worst drop on record FX traders appear convinced that the ECB is done...
UK Mortgage approvals expected to continue to drop No major revisions are expected with the Q2 GDP report BOE overnight index swaps price in a peak rate of 5.369% at the Feb 1st meeting US Government...
GBP/USD is currently at 1.221 in a trend and a 5th wave. We have convergence for the downside move. We are looking for a continuation to the ATR target at 1.2162 with the further target for...
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