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Both US equities and the dollar continue to recover US consumers are under stress, as the April 2 deadline is approaching Pound suffers from weaker inflation; all eyes on the Budget update Gold, oil...
FX markets are in a holding pattern ahead of next week's reciprocal tariffs from the US. Some of the recent europhoria is waning, and today sterling may see some downside risks from the Spring...
Dollar Ignores Powell’s Dovish Soundbites The US dollar has been on a positive footing since the March FOMC meeting, as Fed Chair Jerome Powell downplayed the risk of a recession while maintaining...
GBP/USD pulls lower after briefly touching 1.3000 area Overbought signals reflect weakening bullish pressures Buying the dip could be considered above the 200-SMA GBP/USD made a modest push into...
The GBP/USD pair surged to 1.3008 on Thursday, marking its highest level in 4.5 months. This upward momentum has fuelled speculation about additional gains for the British pound. Global Factors to...
The Bank of England is expected to hold interest rates steady at 4.50% at its meeting today, with a potential 8-1 vote split. Sticky inflation remains a key concern for the BoE, influencing their...
Summary The easy gains from increased fiscal spending in Europe and the potential end to the war in Ukraine have likely already been made for EUR/USD and GBP/USD, meaning it may now come down to...
Market pricing suggests some dovish tweak in the Fed communication today, but we think Chair Powell will want to see hard evidence of a slowdown and will remain cautious for now. The US dollar can...
GBP/USD made its way to a four-month high, tapping into the psychological 1.3000 handle yesterday. A retest and foray above earlier in the day was met with some modest selling pressure keeping...
Forex Strategy is Bullish: GBP/USD is currently at 1.2968 in a channel. We have convergence in play for the up move. We are looking for a continuation to the ATR target at 1.3012 area, with a...
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