Key Highlights GBP/USD started a downside correction from the 1.3000 resistance zone. It traded below a connecting bullish trend line with support at 1.2960 on the 4-hour chart. EUR/USD dipped below the 1.0850 and 1.0800 support levels. The US GDP could grow 2.3% in Q4 2024. GBP/USD Technical Analysis The British Pound struggled to continue […]
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BoE Monetary Policy Committee member Megan Greene said today that a trade war involving retaliatory tariffs would likely be “disinflationary” for the UK overall. Though she cautioned against putting too much weight on early modelling Read more…
U.S. equity futures were mixed in early Tuesday trading, while Treasury yields and the dollar edged lower, as investors entered the first trading day of the second quarter with caution and focus on tomorrow’s tariff Read more…
Eurozone headline CPI eased slightly from 2.3% yoy to 2.2% yoy in March, in line with expectations. CPI Core (excluding energy, food, alcohol & tobacco) dropped from 2.6% yoy to 2.4% yoy, undershooting forecasts of Read more…