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Category: Forex News

Risks are quite real on both inflation and growth
Forex News

Risks are quite real on both inflation and growth

[ad_1] Bank of England (BoE) Governor Andrew Bailey delivers the Monetary Policy Report and responds to questions from the press…

by Trade r edarTAugust 7, 2025
GBP jumps on the day – Scotiabank
Forex News

GBP jumps on the day – Scotiabank

[ad_1] The Pound Sterling (GBP) was steady, holding near session highs on the soft USD after the BoE‘s decision to…

by Trade r edarTAugust 7, 2025
EUR/GBP slides below 0.8700 after BoE’s hawkish cut
Forex News

EUR/GBP slides below 0.8700 after BoE’s hawkish cut

[ad_1] The Pound jumps across the board after the BoE cuts its Bank Rate to 4% as expected. The unexpected…

by Trade r edarTAugust 7, 2025
EUR firmer but off overnight highs – Scotiabank
Forex News

EUR firmer but off overnight highs – Scotiabank

[ad_1] The Euro (EUR) has made a little progress on the US Dollar (USD) over the course of the session…

by Trade r edarTAugust 7, 2025
Bank of England lowers policy rate by 25 bps to 4% as expected
Forex News

Bank of England lowers policy rate by 25 bps to 4% as expected

[ad_1] The Bank of England (BoE) announced on Thursday that it lowered the policy rate by 25 basis points (bps)…

by Trade r edarTAugust 7, 2025
Trump-Putin Summit could take place in the ‘coming days’
Forex News

Trump-Putin Summit could take place in the ‘coming days’

[ad_1] The Kremlin said in a statement on Thursday, “at the suggestion of the American side, an agreement has been…

by Trade r edarTAugust 7, 2025
Hovers around 172.00, support appears at nine-day EMA
Forex News

Hovers around 172.00, support appears at nine-day EMA

[ad_1] EUR/JPY may explore on the upside around 173.90, the highest since July 2024. The 14-day RSI is positioned above…

by Trade r edarTAugust 7, 2025
Pound Sterling trades broadly stable as BoE decision looms
Forex News

Pound Sterling trades broadly stable as BoE decision looms

[ad_1] The Pound Sterling trades calmly ahead of the BoE’s monetary policy decision at 11:00 GMT. Economists expect the BoE…

by Trade r edarTAugust 7, 2025
US Dollar Index (DXY) drifts lower to 98.50 amid speculation about the next Fed Chair
Forex News

US Dollar Index (DXY) drifts lower to 98.50 amid speculation about the next Fed Chair

[ad_1] The Dollar extends losses on Wednesday with all eyes on the Fed Chair nominee. Trump is expected to nominate…

by Trade r edarTAugust 7, 2025
GBP lags peers somewhat – Scotiabank
Forex News

GBP lags peers somewhat – Scotiabank

[ad_1] Pound Sterling (GBP) is fractionally firmer on the day against a generally weaker US Dollar (USD) but it has…

by Trade r edarTAugust 7, 2025

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