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Category: Currency Analysis

BoE cuts to 4.00%, hawkish 5-4 vote lifts Sterling
Technical Analysis

BoE cuts to 4.00%, hawkish 5-4 vote lifts Sterling

[ad_1] BoE delivered a widely expected 25 basis point rate cut, lowering the Bank Rate to 4.00% and continuing its…

by Trade r edarTAugust 7, 2025
FTSE 100 Technical Outlook: Range Holds Firm as BOE Meeting Approaches
Fundamental Analysis

FTSE 100 Technical Outlook: Range Holds Firm as BOE Meeting Approaches

[ad_1] The FTSE 100 edged higher this morning ahead of the highly anticipated Bank of England (BoE) interest rate meeting.…

by Trade r edarTAugust 7, 2025
Nasdaq 100 Technical: Eyeing a New Fresh All-Time High, Supported by Momentum and Flattening US Treasury Yield Curve
Technical Analysis

Nasdaq 100 Technical: Eyeing a New Fresh All-Time High, Supported by Momentum and Flattening US Treasury Yield Curve

[ad_1] Risk-on sentiment was on full display since the start of this week, as optimism around the US technology boom…

by Trade r edarTAugust 7, 2025
BoE’s Hawkish Cut Sparks Sterling Rally
Fundamental Analysis

BoE’s Hawkish Cut Sparks Sterling Rally

[ad_1] Sterling surged across the board after the BoE delivered a widely expected rate cut to 4.00%, but with a…

by Trade r edarTAugust 7, 2025
EUR/GBP Mid-Day Outlook – Action Forex
Technical Analysis

EUR/GBP Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 0.8707; (P) 0.8720; (R1) 0.8742; More… EUR/GBP’s steep decline and break of 0.8678 support suggests that…

by Trade r edarTAugust 7, 2025
GBP/JPY Mid-Day Outlook – Action Forex
Fundamental Analysis

GBP/JPY Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 196.25; (P) 196.67; (R1) 197.25; More… GBP/JPY’s break of 197.41 support turned resistance suggests that corrective…

by Trade r edarTAugust 7, 2025
USD/JPY Mid-Day Outlook – Action Forex
Technical Analysis

USD/JPY Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 146.93; (P) 147.41; (R1) 147.83; More… Intraday bias in USD/JPY stays neutral as range trading continues.…

by Trade r edarTAugust 7, 2025
USD/CHF Mid-Day Outlook – Action Forex
Fundamental Analysis

USD/CHF Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 0.8044; (P) 0.8069; (R1) 0.8089; More…. No change in USD/CHF’s outlook and intraday bias remains neutral.…

by Trade r edarTAugust 7, 2025
EUR/USD Mid-Day Outlook – Action Forex
Technical Analysis

EUR/USD Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 1.1593; (P) 1.1631; (R1) 1.1697; More… Intraday bias in EUR/USD stays on the upside at this…

by Trade r edarTAugust 7, 2025
Bank of England Review – A 25bp Cut With a Hawkish Twist
Fundamental Analysis

Bank of England Review – A 25bp Cut With a Hawkish Twist

[ad_1] The Bank of England cut the Bank Rate by 25bp to 4.00% as widely expected. The vote split was…

by Trade r edarTAugust 7, 2025

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