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UK wages expected to accelerate by 7.9% US retail sales projected to rise 0.4% The British pound is quiet at the start of the week. In the European session, GBP/USD is trading at 1.2701, up 0.05%.UK...
The British pound is slightly higher earlier on Friday. In the European session, GBP/USD is trading at 1.2706, up 0.24%.UK GDP surprises to the upsideThe week wrapped up on a high note in the UK, as...
It’s a busy week on the calendar with inflation taking centre stage. With a wide list of countries reporting their latest price changes, focus on the end of the week will shift towards the US as...
BOE rate hike odds for the September 21st meeting stand at 87.3% The VIX index trades above 16, to the highest levels in two months FX Volatility starts to pick, Canadian dollar index rises to...
GBP/USD TakeawaysThe market is split on whether the BOE will hike 25bps or 50bps at its meeting tomorrow, as well as about how high the central bank will ultimately raise rates. Friday’s NFP...
The GBP/USD is at key support ahead of the Bank of EnglandAhead of the Bank of England rate decision tomorrow the GBPUSD has slumped to the 1.2700 level, and more specifically channel support at...
GBP/USD is currently at 1.2733 after a correction of the last move in a channel. MACD points the way down. If we can break support, we are looking for a continuation to the ATR target at 1.2671 with...
The market has priced in 99% odds of a 25bps interest rate hike from the Fed this week…but only about a 33% chance of another rate increase this year. Traders will key into the FOMC’s...
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