GBP/USD Weekly Forecast: Hawkish BoE Gathering Traction
Inflation reports from the US showed further easing, supporting the Fed's pivot. Policymakers were bullish at the Fed's meeting on Wednesday, signaling an end to interest rate hikes. The BOE…
Inflation reports from the US showed further easing, supporting the Fed's pivot. Policymakers were bullish at the Fed's meeting on Wednesday, signaling an end to interest rate hikes. The BOE…
The gold price bias remains bullish in the short term as the US dollar is bearish. Removing the pivot point activates further growth. US economic data should bring sharp changes.…
The BOE has confirmed its commitment to keeping UK interest rates elevated. Bailey said there is still a long way to go in solving the problem of inflation. October saw…
The European Central Bank has maintained its hawkish stance. Powell signaled on Wednesday that the era of monetary policy tightening is likely over. Markets are currently pricing in a 75%…
XAU/USD is strongly bullish as the DXI fell after the FOMC. Breaking the resistance level may herald further growth towards the middle line. BOE and ECB should bring high volatility…
The European Central Bank is poised to maintain historically high borrowing costs. Investor expectations point to a possible ECB rate cut in the spring. The Fed recently signaled lower borrowing…
In November, employment in Australia exceeded expectations for the second month in a row. The Reserve Bank of Australia may have concluded its tightening cycle. Following the Federal Reserve's latest…
The price of USD/JPI could fall at any time if it remains below the downtrend line. FOMC should bring high volatility. The hawkish speech should lift the dollar. The USD/JPY…
UK economic data revealed a contraction of 0.3% in October. Consumer prices in the US at the end of November recorded a growth of 3.1% on an annual basis. British…
Traders are preparing for the conclusion of the Federal Reserve's policy meeting. Investors are waiting to see if Powell opposes the idea of cutting interest rates in the first half…