GBP/USD Rises, Sticky UK Inflation Says BoE Has More To Do
The latest UK inflation figures may have printed a seventeen-month low, but prices aren’t coming down as fast as in other, comparable economies
The latest UK inflation figures may have printed a seventeen-month low, but prices aren’t coming down as fast as in other, comparable economies
Worsening Chinese data, strong USD and new banking nervousness weighs on the global oil outlook. Bullish continuation remains constructive as the market remains tight
The euro remains above the 1.09 handle against the USD but could breach below as US fundamental data continues to reflect a robust economy.
The Japanese Yen remains on offer, especially against the British Pound. Will Japanese officials begin to ramp up the rhetoric to prevent further Yen weakness?
Aussie suffers after a slew of disappointing Chinese data. With the RBA on hold, AUD has few bullish drivers
Outlook on FTSE 100, DAX 40 and S&P 500 amid lacklustre China growth and possible downgrades of major banks by the ratings agency Fitch
Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?
GBP prices have gained traction after the UK CPI report surprised to the upside on several metrics.
EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?
The New Zealand Dollar jumped immediately after the RBNZ announced that they left rates unchanged 5.50% for the second meeting in a row. Will NZD/USD break back up and into the range?