As the GBP/USD chart shows, the pair is trading this morning above 1.3620 – its highest level since the beginning of July. The bullish sentiment is driven by the divergence in central bank policies: → United States: Traders are betting on an interest rate cut, supported by President Trump. The Federal Reserve will announce its […]
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BoC Governor Tiff Macklem delivered a clear warning that the Bank of Canada is becoming increasingly uncomfortable with the inflation risks created by the Middle East conflict. While policymakers are still willing to “look through” Read more…
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