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GBP/USD backslides after BoE holds rates citing concerns over sustainable inflation
The Forex Market· 4 days agoGBP/USD slipped lower on Thursday after the Bank of England (BoE) held rates at 5.25%, citing...
GBP/USD Forecast: Pound Sterling stabilizes above key support after inflation data
The Forex Market· 5 days agoGBP/USD gained traction in the European session on Wednesday after closing slightly above 1.2700 on...
GBP/USD Forecast: Pound Sterling remains fragile ahead of US data
The Forex Market· 3 days agoGBP/USD lost 0.5% on Thursday and continued to push lower in the early European session on Friday.
USD/JPY soars to just under 159.00, risks BoJ intervention
The Forex Market· 3 days agoThe Dollar soared to 158.90 Japanese Yen from 158.00 yesterday, boosted by higher US bond yields.
Eurozone Preliminary Manufacturing PMI declines to 45.6 in June vs. 47.9 expected
The Forex Market· 3 days agoEurozone Manufacturing PMI dropped to 45.6 in June, missing 47.9 estimate. Bloc’s Services PMI...
Forex Today: Pound Sterling edges higher after UK inflation data, US markets closed
The Forex Market· 5 days agoHere is what you need to know on Wednesday, June 19: Pound Sterling clings to small gains early...
Will SNB and BoE follow RBA's hold?
The Forex Market· 6 days agoIn a shift from its previous stance, the European Central Bank (ECB) cut interest rates for the first time in three years earlier this month on June 6th....
Investors' focus will be on Europe
The Forex Market· 5 days agoThe Commission will most likely recommend opening an EDP against France, which is to be expected due to France's public finances. In the UK, inflation...
Gold price today: Gold is up 11.98% year to date
USA Today· 6 days agoXAU/USD is the label for finding the spot gold price traded in U.S. dollars. In this case, gold (XAU) is traded against the dollar, and the price...
The WSJ Dollar Index Rises 0.3% to 100.23
The Wall Street Journal· 3 days ago1136 GMT – Sterling falls after the Bank of England voted 7-2 to leave its key interest rate at 5.25%. The BOE said the decision was “finely balanced”...