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Fed’s Powell opens the door to a September rate cut, stocks rebound But dollar only tumbles against the yen, which surges after BoJ hike BoE rate cut bets intensity ahead of decision, pressuring...
The British pound sterling continues to decline steadily against the US dollar. The GBP/USD pair is trending towards 1.2848. On the one hand, the pressure from the USD rate is evident. On the other...
August has historically been the weakest month for GBP/USD and AUD/USD. EUR/USD seasonality hints at downside potential, but the broader post-2023 range remains intact. USD/CAD has tended to see...
Takeaways The Bank of Japan (BOJ), Federal Reserve (Fed), and Bank of England (BOE) will announce their interest rate decisions and release their latest monetary statements on 31 July and 1...
The GBP/USD pair is currently experiencing a standoff between bulls and bears, with the pair clinging to support at the 1.2850 level. The upcoming Federal Reserve and Bank of England policy meetings...
GBP/USD declines steadily from 1-year high The bears eye the 50-day SMA as next target Momentum indicators ease but remain positively tilted GBP/USD had been on the rise following its bounce...
This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...
GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise. Statistics released...
GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an...
GBP/USD eases but remains above the uptrend line Stochastics and RSI suggest more losses GBP/USD is retreating after a strong rally towards the one-year high of 1.3045. The technical oscillators...
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