Pound lose ground as possible rate cut from BoE
The Pound is losing ground to the Dollar for the seventh consecutive session, trading at $1.298. Sterling’s weakness has been ...
Tag: rate cut
Pound continue showing weakness, possible rate cut by BoE
Quiet start to the week for the foreign exchange market, to some extent due to the holiday in the US, ...
Pound under increasing pressure as likely rate cut from BoE
The pound is under increasing pressure, as a growing number of Bank of England officials have now voiced their support ...
Wednesday gains were not real, Bulls are sceptical and want more dovishness
As I have mentioned yesterday, the real reaction of the market to the FED decision took place at the session ...
Fed’s rate cut priced in, gold remains moderately bullish
After an initial quick fall to $1,480, the gold price returned to the $1,500 mark. In other words, the Fed’s ...
Dollar Index dropped following Fed’s 3rd rate cut
The US Dollar Index dropped 0.7% from yesterday’s highs following the Fed’s announcement of the 3rd rate cut of the ...
Wall Street pops on FED move, but is it for real?
Under all the spotlight the US central bank did not invent and did everything analysts had expected, cutting interest rates ...
Market in “standby mode” ahead of important US data today
Markets were little changed in Europe early on Wednesday morning with a “standby mode” talking hold as investors brace for ...
Gold price attempting rebound while investors waiting for further market drives
The gold price is attempting to rebound after two days of declines in a backdrop dominated by expectations of a ...
Investors pause the rally before the FED showdown
Having reached new all-time highs on Monday's session, the S&P500 was more restrained in the final record yesterday with clear ...
