The Bank of England is due to hold its next policy meeting on 18 June. According to a Reuters poll conducted between 5 and 12 June, all 65 economists surveyed expect the Bank Rate to remain unchanged at 3.75%, although around 40% of respondents anticipate at least one rate increase before the end of the […]
The post GBP/USD: Consolidation Ahead of the Bank of England Decision appeared first on ActionForex.
It wasn’t just the US and China that contributed to the fall in oil prices. Traders bet that Trump always chickens out. The US dollar quickly recouped some of its losses as markets began to Read more…
Market Overview The crypto market capitalisation rose to $2.3 trillion by the end of Monday, before falling back to $2.27 trillion at the time of writing. The market recovery trend continues, but the relatively cautious Read more…
German investor sentiment improved sharply in June, with the ZEW Economic Sentiment Index surging from -10.2 to 10.5, far exceeding expectations of -6.0 and returning to positive territory. The Eurozone-wide measure showed a similar improvement, Read more…