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Forex
GBP/USD slides further after expected BoE rate cut – Scotiabank
The Pound Sterling (GBP) slid in the wake of the BoE rate decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD underperforms on the day…
Bailey speech: Consumers are more price conscious and holding back on spending
Bank of England (BoE) Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press following the decision to lower the policy…
USD/MXN: Short-term price action to remain between 20.12/20.00 and 21.00 – Societe Generale
USD/MXN carved out an interim high near 21.28 earlier this week and re-integrated within its multi-month range; this denotes lack of steady upward momentum,…
EUR/GBP Price Forecast: Gains ahead of BoE’s policy decision
EUR/GBP moves higher to near 0.8333 ahead of the BoE’s monetary policy decision at 12:00 GMT.
The BoE is expected to reduce interest rates by 25 bps to…
Meta vs Alphabet: Has the tide turned?
Key points
Meta’s AI-driven ad strategy is delivering stronger returns, while Alphabet’s AI investments face skepticism, especially in Search.
Meta’s…
Forex Today: BoE policy announcements, US data to drive markets
Here is what you need to know on Thursday, February 6:
Major currency pairs stay relatively quiet early Thursday as investors gear up for the upcoming key…
GBP/JPY falls below 190.50 as traders expect BoE to deliver an interest rate cut
GBP/JPY extends its losses due to rising expectations of the BoE delivering a 25 basis points rate cut on Thursday.
The BoE’s MPC is expected to vote 8-1 in…
FX option expiries for Feb 6 NY cut
FX option expiries for Feb 6 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/USD: EUR amounts
1.0200 2.5b
1.0250 2.2b
1.0300 2.5b
1.0320…
Australian Dollar declines as US Dollar holds gains ahead of Initial Jobless Claims
The Australian Dollar depreciates after the release of lower-than-expected Trade Balance data.
Australia's trade surplus fell to 5,085M in December, the…
Silver Price Forecast: XAG/USD maintains position around $32.50, three-month highs
Silver price holds ground near its three-month high of $32.56, recorded on February 5.
A break above the 70 RSI level could indicate overbought conditions,…