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Forex market remains calm, with minor volatility in specific currencies like the New Zealand dollar. US Dollar Index exhibits a mild bearish trend amid rising rate cut expectations this year. Euro...
GBP/USD is trading at 1.3481, after an intraday high of 1.3486 and a low of 1.3462. The pair is hovering just above its short-term moving averages, with the 15-day moving average at 1.3426 and the...
Sterling liquidity conditions have remained broadly stable since the start of this year. A likely slowdown of QT and a strong uptake of liquidity facilities limit the draining of bank reserves. Money...
Despite the Western press describing Friday’s meeting as a ’failure’, financial markets are continuing to trade like there could be some – still undetermined – path to peace. Benign conditions look...
We expect a 0.4% month-on-month core CPI print in the US today, above the 0.3% consensus. That should offer the US dollar support, but we don’t think that will prompt markets to seriously price out a...
Markets cheer hopes of Putin-Trump summit and tariff relief for tech. Fed officials hint at rate cuts as labour market softens. Index holds bullish channel, eyes fresh all-time highs. Looking for...
GBP/USD is trading around 1.3304 after recently bouncing off the 1.3150–1.3180 support zone. This follows a sharp decline from the 1.3800 peak, confirming a bearish trend shift that has dominated...
The UK jobs market is creaking, providing plenty of justification for a 25 basis point rate cut this month. But it’s a nuanced picture, which, set against sticky inflation data, suggests little...
August has historically been the most bearish month for GBP/USD and AUD/USD going back to the Bretton Woods Agreement in 1971 - see the data! August Forex Seasonality Key Points August has...
The British pound is down for a fourth straight day, as the US dollar is showing strength against most of the majors. The pound has declined 1.5% in the current slide. In the European session,...
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