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The week ahead is busy. Three G7 central banks meet, the Federal Reserve, the Bank of Japan, and the Bank of England. In addition, Japan and Canada report their latest CPI readings, and the flash...
FTSE 100The FTSE 100 index was down by -1.56%. We think consolidation in 7.230 - 7.330 is likely in the coming week.IndicatorsRelatively quiet week for the British index, especially when to its...
A package of retail sales statistics in Britain appears to have removed the last layer of support for the Pound, sending it into a dive. GBP/USD earlier today renewed its lows since 1985, dropping to...
The British pound continues to lose ground after a brutal retail sales report. The pound dropped as low as 1.1350 earlier today, its lowest level since March 2020. GBP/USD is trading at 1.1373 in the...
The British pound is in negative territory today and has fallen below the 1.15 line. In the North American session, GBP/USD is trading at 1.1497, down 0.38%. US Retail Sales, Jobless Claims Beat...
A fresh serving of US data should keep the market's expectations hawkish. The move in the interest rate differential plays in the dollar's favour and reduces the room for a recovery in the euro. The...
It has been a busy week for the British pound. GBP/USD has climbed 0.66% today and is trading at 1.1566. This follows the pound’s huge decline on Tuesday, as the U.S. dollar pummelled the major...
Yesterday we wondered whether the dollar retreat was a correction or a reversal. But the reaction of the financial markets to the US inflation report has put everything in its place by confirming that...
The inflation report marathon continues; it was the UK's turn this morning. Traditionally, the consumer price change figures attracted the most attention. For the month, they rose by 0.5% (slightly...
Everyone had the US CPI print on their radar as the marquee risk event of the week, and it proved to be just that. There has been a sentiment shift, and the psychology of the market has changed -...
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