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The dollar is doing a little better and equity markets are a little softer after the Federal Reserve pushed back against early easing and US regional banks again hit the headlines. Softer CPI trends...
The British pound is lower on Tuesday. In the European session, GBP/USD is trading at 1.2680, down 0.23%.UK Shop Inflation Decelerates SharplyInflation in UK shops rose 2.9% y/y in January, compared...
Fed could signal a March rate cut is on the cards Will the BoE forecasts offer any insight on interest rates? Cable continues to consolidate ahead of central bank meetings This is widely expected to...
Gold Continues to Move Sideways as Investors Await Critical Inflation DataIn the absence of any major macroeconomic reports from the US, the gold (XAU) price continued to rise on Tuesday, gaining...
Bearish: We are currently @ 1.2712 after taking out slope support. If we can break through the support here, we are looking for a continuation to the 0.500 Fibo @ 1.2665 with the...
US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...
UK retail sales slide 3.2% in December GBP/USD edges lower The British pound has weakened slightly on Friday. In the European session, GBP/USD is trading at 1.2682, down 0.18%.UK Retail Sales Take a...
OANDA Senior Market Analyst Craig Erlam gives his analysis of GBP/USD in light of the UK inflation and US retail sales releases. Original Post
UK inflation rises unexpectedly GBP/USD climbs higher The British pound has edged higher after UK inflation rose unexpectedly in December. In the European session, GBP/USD is trading at 1.2694, up...
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