The strongest to the weakest of the major currenciesAs the North American session begins, the USD is the strongest and the GBP is the weakest (snapshot before the BOE press conference). The GBP is the weakest after the Bank of England (BoE) opted to maintain the Bank...
ForexLive European FX news wrap: BOE keeps bank rate on hold
Headlines:Markets:AUD leads, JPY lags on the dayEuropean equities mixed; S&P 500 futures down 0.1%US 10-year yields up 3.1 bps to 4.514%Gold up 0.3% to $2,315.99WTI crude up 0.7% to $79.57Bitcoin down 0.8% to $61,048The BOE was the main highlight in European...
BOE Bailey Q&A: Each meeting is a new decision on rates
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOE governor Bailey: We are not yet at a point to cut interest rates
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The BoE makes another step towards a rate cut
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The little things add up on the BOE decision today
It's all about the little things in the BOE policy decision here today. Let's summarise what they are.They added one new line to the forward guidance, noting that they will be watching carefully the developments on how inflation persistence will be receding. The key...
A look at the BOE rates pricing ahead of the policy decision later
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Cable holds just below 1.25 ahead of BOE policy decision
With the BOE in focus, let's take a look at the levels in play for GBP/USD and how the decision might affect sterling.GBP/USD daily chartThe pair ran up to test the 50.0 Fib retracement level at 1.2596 on Friday before easing back. And with the dollar regaining some...
Crude Oil Technical Analysis – Dead cat bounce or the start of a rally?
Crude oil has been on a steady downtrend since the end of the retaliations between Iran and Israel that eventually marked the top in the geopolitical risk premium. The selloff continued as we got some noise from the cease-fire negotiations between Israel and Hamas....
Another boring day on the data front
This week continues to be very boring as the lack of key economic data and the waiting for the US CPI next Wednesday keeps the markets at bay. Today, after the BoE policy decision, we will get the latest US Jobless Claims figures. The US Jobless Claims continue to be...
US indices look to data next week for the next push
It has been a bit more of a tepid one for stocks in the last two days. But even so, the likes of the S&P 500 is up a little over 1% this week. Although, that owes much to the jump higher on Monday. US futures might be pointing lower today but in the bigger...
(전국민)공짜인데 꼭 청구하세요! 무료보험 5가지!! 중복 혜택 가능합니다~
https://www.youtube.com/watch?v=lF_moSfU0EY 무료인데 왜 청구 안할까요? 무료보험 5가지를 알려드리겠습니다.~ 중복 혜택도 가능하니까 주변에 많이 알려주세요~ #정부지원 #중복혜택 #무료보험 MoneyMaker FX EA Trading...
Gold Technical Analysis – Waiting for a catalyst for some action.
We haven’t seen much action in gold this week as the lack of catalysts kept the market at bay. In fact, the price action remains tentative as we head into the US CPI release next Wednesday. Looking at the bigger picture, the Fed’s preference for a higher for longer...
Dollar keeps steadier on the day so far
There's not much to work with in European trading today but the dollar is continuing to keep steadier overall. The greenback is up a touch across the board, with USD/JPY setting its sights on a fourth straight day of gains. The pair is up another 0.2% now to 155.80...
GBP/USD, EUR/GBP Outlooks As Bank of England Decision Nears
GBP/USD Analysis and ChartsBoE voting patterns and the Quarterly Report key for Sterling.Sterling’s upside looks limited. Recommended by Nick Cawley Trading Forex News: The Strategy Get My Guide For all central bank meeting dates. See the DailyFX Central Bank...
BoE Preview – Will we get another dovish signal?
BoEThe BoE is expected to keep interest rates unchanged at 5.25% with a 8-1 vote split in favour of a hold and Dhingra the only one voting for a rate cut. The focus will be on further dovish hints for a reduction in the policy rate in summer. In fact, we got the first...
Market Insights: The BOE’s Potential Dovish Pivot and Current Indications
The Bank of England is in focus as the regulator will confirm their rate decision and how their future monetary policy path may look. The GBP trades sideways but the FTSE100 continues to trade higher. Economists are contemplating if the market is pricing a dovish tilt...
European equities in a more mixed mood to start the day
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FX option expiries for 9 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The first is a range of expiries for EUR/USD from 1.0745 through to 1.0775. That is likely to help lock price action from running too far to the topside on the day. That alongside the 100-hour...
BOE the only highlight on the agenda in the session ahead
As mentioned earlier, it is shaping up to be one of those days in markets. Major currencies are finding little conviction so far today with the overall risk mood a bit more tepid. If there is some movement in the latter, then maybe we'll get some action in European...