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Forex
BoE set to keep interest rate unchanged after August inflation data shows lingering price pressures
The Bank of England is set to hold its interest rate at 5.0% on Thursday.
United Kingdom’s annual inflation was stable at 2.2% in August.
BoE policy…
GBP/JPY holds positive ground above 188.50 ahead of BoE rate decision
GBP/JPY gathers strength around 188.65 in Thursday’s early European session.
The BoE will announce its interest rate decision on Thursday, with market…
EUR/USD flat lines above 1.1100 after Fed’s bumper rate cut
EUR/USD trades on a flat note around 1.1120 in Thursday’s early European session.
The Fed cut rates by 50bps in the September meeting, bringing the new…
Gold price regains positive traction amid a modest USD pullback from one-week high
Gold price attracts fresh buyers on Wednesday amid a modest USD pullback from a one-week peak.
Concerns about an economic slowdown, along with geopolitical…
Pound Sterling Price News and Forecast: GBP/USD attracts some dip-buyers
GBP/USD trims a part of intraday losses, down a little below 1.3200 ahead of BoE
The GBP/USD pair finds some support near the 1.3150 region on Thursday and…
Australian Dollar remains subdued following employment data
The Australian Dollar edges lower despite the higher-than-expected increase in new jobs created in August.
Australian Employment Change rose by 47.5K in…
BoC Minutes: Some members were more concerned about downside inflation risks
According to the Bank of Canada's (BoC) minutes from a recent meeting that was released Wednesday, some governing council members were more concerned about…
NZD/USD weakens near 0.6200 as New Zealand GDP shrinks by 0.2% in Q2
NZD/USD loses ground around 0.6200 in Thursday’s early Asian session.
New Zealand’s GDP fell 0.2% in Q2 vs. 0.1% growth prior, better than expected.
The…
USD/CAD trades with mild gains above 1.3600, Fed cuts rates for first time in four years
USD/CAD trades in positive territory near 1.3605 in Thursday’s early Asian session.
The Fed lowered its benchmark interest rate by a half percentage point…
Australian Unemployment Rate expected to hold steady at 4.2% in August
The Australian Unemployment Rate is foreseen unchanged at 4.2% in August.
Employment Change is expected at 25K, more than halving the 58.2K posted in July.…