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Markets
GBP/USD Price Forecast: British Pound falls to over two-week lows, eyes 1.3400 support
GBP/USD slips to more than two-week lows as bearish momentum builds.The US Dollar Index climbs back above 97.50 as Powell’s cautious tone supports the…
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Switzerland FX Today: Swiss Franc weakens as SNB is set to maintain status quo
The Swiss Franc (CHF) retreats on Wednesday against the US Dollar (USD) just hours before the Swiss National Bank's (SNB) eagerly-awaited interest rate…
Bailey speech: Still some further journey down in rates to go
In an interview with West Midlands Magazines’ Editor, Simon Archer, Bank of England (BoE) Governor Andrew Bailey said that there is still some further journey…
GBP/JPY trades sideways as BoE Bailey sees scope for lower rates
GBP/JPY trades sideways, consolidating recent gains after Tuesday’s dip to its weakest level since September 9.Japan’s flash PMI showed manufacturing…
Mexico FX Today: Peso steady as Banxico prepares new rate cut
The Mexican Peso (MXN) edges slightly lower against the US Dollar (USD) on Wednesday, with the USD/MXN pair trading at 18.41 at the time of writing, up 0.3% on…
Alibaba stock runs to four-year high on AI outlook
Alibaba lifts guidance on AI spending above $53 billion, three-year plan announced in February.BABA shares traded above $178 for the first time since October…
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AUD/USD slips to 0.6590 as Powell highlights dual mandate challenges
Powell says risks to jobs are rising, but inflation is “somewhat elevated,” keeping the Fed cautious despite easing bets.US New Home Sales surged 20.5% in…
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