BoE Holds Rates Steady: Inflation Outlook and Vote Split Hint at June Cut
The Bank of England added one more vote in favour of a rate cut after encouraging news on inflation now opens up the prospect of a rate cut as soon as June
The Bank of England added one more vote in favour of a rate cut after encouraging news on inflation now opens up the prospect of a rate cut as soon as June
The latest BoE decision will be more about what they say than what they do, and this leaves Sterling-pairs vulnerable.
In this piece, we explore the technical outlook for gold prices, USD/JPY and EUR/USD, analyzing recent market behavior and trends to identify potential trading opportunities.
GBP/USD traded cautiously lower in the lead up to the Bank of England rate setting meeting. A stronger dollar and an outside chance of a dovish statement weigh on the pair
The European Central Bank is still expected to cut rates before the Federal Reserve. Can the Euro’s uptrend hang on?
USD/JPY has moved above 155.00 on the back of a stronger US dollar, leaving the pair vulnerable to another round of official intervention
Outlook on FTSE 100, DAX and S&P 500 ahead of Thursday’s BoE monetary policy meeting.
The RBA held interest rates steady at 4.35% despite rising inflation concerns. Discover how the RBA's updated forecasts and global central bank actions could impact AUD/USD
This article explores the technical outlook for gold, EUR/USD and GBP/USD, examining price action dynamics and market sentiment to anticipate their short-term paths.
EUR/USD continues to press higher, aided in part by a weak US dollar. The pair are now closing in on a zone of resistance that may prove difficult to break.