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Forex
Pound Sterling strengthens as BoE seems to follow shallow rate-cut cycle
The Pound Sterling moves higher to near 1.3400 against the US Dollar on expectations of BoE’s shallow policy-easing cycle.
UK’s overall business activity…
Mexican Peso edges higher after Mexican inflation data
The Mexican Peso trades steadily after the release of Mexican inflation data.
Banxico will hold its meeting on Thursday; a 25 bps rate cut is expected. …
GBP: Loosening of fiscal rules to allow for greater investment – ING
The Pound Sterling (GBP) continues to perform well, ING’s FX strategist Chris Turner notes.
Direction of travel continues for GBP/USD to be towards 1.35
“The…
COALINDIA Elliott Wave technical analysis [Video]
COAL INDIA LTD – COALINDIA (One-hour chart) Elliott Wave technical analysis
Function: Counter Trend Lower (Minor degree, Grey).
Mode: Corrective.
Structure:…
USD/CHF edges higher as traders brace for SNB interest rate decision
USD/CHF adds nominal gains as the Swiss Franc is weighed down by uncertainty ahead of the SNB’s policy decision.
The SNB is expected to cut interest rates…
EUR/GBP rises to near 0.8350 following the dovish speech from BoE Governor Bailey
EUR/GBP breaks its four-day losing streak due to dovish comments from BoE Governor Andrew Bailey.
BoE’s Bailey believes that inflation outlook is downwards,…
German IFO Business Climate Index declines to 85.4 in September vs. 86.0 expected
German IFO Business Climate Index misses estimates with 85.4 in September.
The IFO Current Economic Assessment Index fell to 84.4 in the reported month.…
Forex Today: US Dollar holds ground amid China optimism, Mideast concerns
Here is what you need to know on Tuesday, September 24:
Risk flows seem to have returned in Tuesday’s trading, as investors cheer China’s stimulus…
Brambles Limited Elliott Wave technical forecast [Video]
ASX: BRAMBLES LIMITED – BXB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart).
Greetings, Our Elliott Wave analysis today updates the…
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 318.09 Saudi Riyals (SAR) per…