Tag: Interest rates
BoE August Rate Cut Increases, EUR/GBP Recovery Delayed
Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
USD/NOK Rises as Norges Bank Maintains Hawkish Stance
The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...
Bank of England August Rate Cut Review: Action Forex Analysis
The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as...
Bank of England to Keep Rates Unchanged and Approach Cautiously
The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in...
GBP Volatility Ahead: Bank of England Verdict – Action Forex
GBP/USD
In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
Gold Price Increases as Traders Expect Fed Rate Cuts
Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
