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BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy stance. Short-term interest rate markets are likely to price in a shallower and slower...
GBP/USD’s bull run slows down near a familiar resistance area Some stability is likely; sellers need a close below 1.3188 to gain control GBP/USD opened the week with marginal losses after its...
The GBP/USD pair has surged above 1.32, reaching its highest level since March 2022. Key macro readings this week will influence future Fed rate cut expectations and impact the pair. US dollar...
Powell says the time has come for rate cuts, pushing yields and the dollar lower But cautious rally in stock earnings, and inflation data awaited Oil jumps amid fresh escalation between Israel and...
Last Week, Fed Chair Powell signaled policy adjustments, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new...
Fed minutes reveal some members wanted a July cut Nonfarm payroll growth revised down by the most since 2009 PMIs in focus ahead of Powell’s Jackson Hole speech Wall Street gains ground, oil extends...
Stocks in the green again as investors await the Jackson Hole gathering Economists look for strong Fed easing in 2024 despite recession talk dissipating Dollar remains on the back foot against most...
GBP/USD’s rebound off 200-day SMA still holds Stochastic in the overbought area RSI ticks south above the 50 level GBP/USD continues last week's rebound off the 200-day SMA and the 50.0% Fibonacci...
Gold (XAU) climbed by 2% on Friday, reaching an all-time high. Strong demand for safe-haven assets fueled the rally as markets assessed the Federal Reserve's monetary policy outlook. Upbeat US...
In the upcoming week, major currency pairs like GBP/USD, EUR/USD, and USD/JPY could experience significant dollar-driven moves despite a lighter economic calendar. With rising US unemployment and...
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