Still some further journey down in rates to go
[ad_1] In an interview with West Midlands Magazines’ Editor, Simon Archer, Bank of England (BoE) Governor Andrew Bailey said that…
Category: Forex News
AUD/USD calm ahead of Australia CPI
[ad_1] AUD/USD holds steady as markets turn cautious ahead of Australia’s Monthly CPI release. The US Dollar eased slightly after…
Gold hits $3,791 as Powell cautious tone stirs the markets
[ad_1] Gold benefits from softer PMIs and cautious Fed stance, with focus shifting to US GDP and core PCE data.…
GBP/JPY trades sideways as BoE Bailey sees scope for lower rates
[ad_1] GBP/JPY trades sideways, consolidating recent gains after Tuesday’s dip to its weakest level since September 9. Japan’s flash PMI…
Peso stabilizes ahead of Banxico rate decision
[ad_1] The Mexican Peso (MXN) edges slightly lower against the US Dollar (USD) on Wednesday, with the USD/MXN pair trading…
AUD/USD slips to 0.6590 as Powell highlights dual mandate challenges
[ad_1] Powell says risks to jobs are rising, but inflation is “somewhat elevated,” keeping the Fed cautious despite easing bets.…
EUR/GBP approaches YTD highs, at 0.8753 after soft UK flash PMIs
[ad_1] The Euro extends gains for the fourth consecutive day, approaching year-to-date highs at 0.8753 UK PMIs have disappointed, with…
Indian Rupee posts fresh all-time low ahead of US-India trade talks
[ad_1] The Indian Rupee slides to a fresh all-time low around 88.85 against the US Dollar, following weak flash Indian…
AUD/USD bounces up and returns above 0.6600 as the US Dollar retreats
[ad_1] The Aussie Dollar bounces at 0.6575, returns above 0.6600 as the USD pulls back on a choppy trading session…
Observing more lasting changes to price and wage-setting
[ad_1] Bank of England (BoE) Chief Economist Huw Pill said on Tuesday that they have seen some more lasting changes…