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Pound Sterling Price News and Forecast: GBP/USD surges to 1.3300 as BoE keeps interest rates steady at 5%
Pound Sterling surges to 1.3300 as BoE keeps interest rates steady at 5%
The Pound Sterling (GBP) strengthens against its major peers on Thursday after the …
EUR/JPY surges on sentiment improvement yet struggles at 160.00
EUR/JPY gains 0.80% as risk-on sentiment pressures safe-haven currencies like the Yen and Swiss Franc.
ECB’s Klas Knot suggests room for further rate cuts,…
Pound Sterling surges to 1.3300 as BoE keeps interest rates steady at 5%
The Pound Sterling surges to near 1.3300 against the US Dollar following the Fed’s large rate cut and expectations of further policy easing.
The BoE leaves…
US Dollar turns green with US data supporting for the Greenback
The US Dollar turns stronger ahead of the US trading session.
Traders are seeing weekly Jobless Claims coming in stronger for this week.
The US Dollar…
AUD/USD Price Forecast: Posts new high for 2024 but diverging bearishly with RSI
AUD/USD has posted a new high for the year, and could extend higher.
It is showing bearish divergence with RSI so there is a risk of a pull back evolving.…
Pound Sterling Price News and Forecast: GBP could target multi-year highs on hawkish BoE vote split
GBP/USD Forecast: Pound Sterling could target multi-year highs on hawkish BoE vote split
GBP/USD touched its highest level since March 2022 near 1.3300 in the…
USD/CAD Price Forecast: Hanging Man reversal candlestick might signal important pivot
USD/CAD has formed a candlestick reversal pattern on the daily chart.
This could mark an important reversal in the short-term trend.
USD/CAD is falling…
GBP: UK inflation remains in line with expectations – Commerzbank
Wednesday's UK inflation figures did not come as any major surprise. CPI inflation was in line with the median of analyst estimates. The subcomponents did not…
EUR/USD surges above 1.1150 as traders digest Fed’s bumper interest-rate cut
EUR/USD rises sharply above 1.1150 as investors expect the Fed to continue its aggressive policy-easing cycle.
The Fed sees interest rates declining to 4.4%…
USD/CHF hangs near daily low amid weaker USD, manages to hold above mid-0.8400s
USD/CHF struggles to preserve its intraday gains to a one-week high amid renewed USD selling.
Rising US bond yields limit the USD losses and lend support to…