
BOE Pauses Rates Hikes, GBPUSD Trades Below 1.2300 Under Heavy Selling Pressure
The Bank of England (BoE) has decided to hold its main interest rate at 5.25%, effectively pausing after 14 consecutive rate hikes. This decision has
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The Bank of England (BoE) has decided to hold its main interest rate at 5.25%, effectively pausing after 14 consecutive rate hikes. This decision has
Investors were taken by surprise as UK inflation figures revealed a sharper decline than anticipated, causing the GBP/USD exchange rate to drop to its lowest
The EUR/USD pair maintained its position above 1.1000 following the release of US inflation data on 10/08/2023 CPI data had a significant impact on the currency pair as it
Despite a strong rally, EUR/USD failed to breach the key resistance level of 1.1000 and has pulled back slightly. With no significant economic reports on
The Australian Dollar (AUD) experienced a slight boost against the US Dollar (USD), as China’s official Purchasing Managers’ Index (PMI) results for March exceeded expectations.
After a dramatic surge in the US Dollar, Treasury yields are soaring and driving further gains. The question now is how low can EUR/USD go
Get the scoop on what’s happening in currency markets. Plus, find out how Bitcoin is faring, where natural gas prices are heading, and get a
This week has seen significant movements in several major currencies, driven by a range of factors from economic data releases to geopolitical developments. Here’s a
The USD/CAD is headed downhill, giving up some impressive gains from the day before. After reaching a high of 1.3460, this pair has dropped back
The Federal Reserve hinted that the current rate hike cycle is about to end, which sent the dollar tumbling to a nine-month low and Treasury