We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.00% on 19 September in line with consensus and market pricing. Overall, we expect the BoE to stick to a cautious language and deliver a dovish twist to its communication. We expect the reaction in EUR/GBP to be rather muted with […]
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WTI oil futures continue to flatline near a critical support area Bullish trend reversal is a long way above 77.80 WTI oil futures kept their footing above the 67.00-68.00 support region for the third time since the Read more…
The XBR/USD chart reveals that Brent crude oil is trading near its lowest levels of the year. Several factors are pressuring oil prices: → China’s uncertain demand outlook: As the world’s largest crude oil importer, Read more…
The Australian dollar is steady after a five-day slide, which saw the currency fall by 3.5% during that period. In the European session, AUD/USD is trading at 0.6471, up 0.28% on the day. China retail Read more…