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GBP/USD pair has finally bounced after a sustained downtrend The pair is now coming across a resistance zone Could it break above the resistance zone amid Fed's hawkish stance and a divided BOE...
The GBP/USD is in focus ahead of this week’s key events: FOMC and BoE rate decisions. We also have UK CPI and retail sales, as well as global PMI figures to look forward to this week. The BoE...
The EUR/USD pair is getting closer to an important demand zone GBP/USD could test an area near the 'correction equilibrium' zone Meanwhile, EUR/PLN's rally still has legs As we move into September,...
This week will likely see August go out with a bang as we get a deluge of US economic data which could either make or break the case for another Fed hike in 2023.On tap for traders is Preliminary Q2...
The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...
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...
U.K. inflation is highest among G7 countries and inflation in Eurozone is expected to stay elevated until 2025 This is set to ensure a hawkish policy until inflation is under control Meanwhile,...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
The GBP/USD has found a new breath in recent days as the currency dominates the FX space heading into the Bank of England (BOE) meeting this Thursday. GBP/USD is hovering around a 14-month high, just...
GBP/USD hovered around a 14-month high vs the U.S. dollar at the start of this week. Traders and investors are looking at the Bank of England and wondering if its rate decision will fuel the uptrend...
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