Pound Dives as UK GDP Contracts
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…
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…
The pair bounced after failing to clear the lower middle line. The midline acts like a magnet. Higher US inflation should boost the dollar. EUR/USD is trading at 1.0793 at…
US inflation data will shape the Federal Reserve's policy decision on Wednesday. US headline inflation is expected to remain flat for November. The difference in interest rates between the UK…
Financial markets were calm ahead of US consumer price index data. Oil prices rose, but investors remain wary of US inflation data. Speculators cut bearish bets on the Canadian dollar.…
In November, US employers expanded their payrolls by 199,000 workers. Consumer sentiment in the US improved in December. The US central bank is likely to keep rates within the existing…
Clearing the psychological level 1.26 activates further growth. Its failure to retest the median line (ml) heralded exhausted sellers. The consumer price index in the US should bring sharp developments.…
Data revealed an acceleration in US job growth in November. There was a drop in the unemployment rate to 3.7%. There is speculation that the Bank of Japan may be…
The dollar got a boost thanks to an upbeat jobs report. The Central Bank of Australia kept interest rates unchanged on Tuesday. Investors are eagerly awaiting the FOMC's policy meeting.…
The Canadian dollar weakened after the Bank of Canada kept rates steady at 5%. Oil fell for a seventh week on concerns over oversupply. The US economy reported 199,000 jobs…