British Pound Update: GBP/USD Supported by Easing Rate Cut Expectations
Sterling is back above 1.2700 against the US dollar as UK interest rate cut expectations ease. Thursday’s US inflation report may add volatility to the pair.
Sterling is back above 1.2700 against the US dollar as UK interest rate cut expectations ease. Thursday’s US inflation report may add volatility to the pair.
Falling inflation expectations and Saudi Arabia’s move to cut export prices for oil meant that equities have finally found their footing after a difficult start to the year. However the Hang Seng is once again an outlier, as it falls once again
The drastic drop in the US services ISM report brought an end to the recent USD/JPY lift. Now the pair has to contend with the 200 SMA and channel support ahead of US CPI
This article focuses on gold’s near-term outlook, analyzing closely the fundamental and technical factors underlying recent market moves for the precious metal.
This article focuses on the technical outlook for EUR/USD, GBP/USD and USD/JPY, examining major price thresholds that could act as support or resistance in the coming days ahead of U.S. inflation data.
Brent and WTI oil dropped around 4% on Monday after Saudi Arabia discounted a key benchmark price for oil heading to Asia as increased competition, lower demand take effect
Bitcoin is trading on either side of $45k and nears levels last seen 21 months ago as ETF hype continues.
The US dollar index and particularly cable demand attention this week ahead of US inflation and UK GDP data. The greenback’s sluggish start to the week entertains bearish potential
Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of US CPI and start of earnings season.
Gold starts the week on the backfoot despite ongoing tensions in the Red Sea. US rate expectations still suggest six cuts this year but Thursday’s US inflation report may test this forecast.