GBP/USD Forecast: Powell Dims March Rate Cut Prospects
Powell defied market expectations, dashing hopes for an early Fed rate cut in March. Investors were looking forward to the BoE's policy meeting later today. The pound remains one of…
Powell defied market expectations, dashing hopes for an early Fed rate cut in March. Investors were looking forward to the BoE's policy meeting later today. The pound remains one of…
The dollar is on track for its most significant monthly gain since September. Investors will be watching closely for any hints from Fed Chairman Jerome Powell about the possibility of…
An exit from the falling wedge pattern signaled a reversal of the EUR/USD price. The FOMC and US economic numbers should bring a lot of volatility. Only a new higher…
In the fourth quarter, inflation in Australia hit its lowest level in two years, reaching 0.6%. Market participants have given almost a 50% chance of the first RBA rate cut…
XAU/USD is bullish as long as it is above the lower median line. US data should bring big action today. A new higher high activates further growth. The price of…
Traders cut the odds of the Fed cutting rates in March from 89% a month ago to 48%. Discussions among ECB policymakers on Monday revealed disagreements over the timing of…
Australian retail sales fell in December after a big jump the previous month. There is a 70% chance of an RBA rate cut in August. The US Department of Labor…
Bias remains bullish as DKSI rallies. A new lower low triggers a sell-off. The FOMC is considered the most important event of the week. USD/JPY remains bullish despite minor pullbacks.…
The Canadian dollar benefited from higher oil prices. USD/CAD posted a weekly gain due to the Bank of Canada's recent policy change The Fed will announce its interest rate decision…
Increased geopolitical tensions in the Middle East dampened risk appetite. Recent data points to a moderate increase in prices in the US for December. The US Federal Reserve is likely…