GBP/USD is balancing at 1.1987 on Monday. The Pound Sterling remains under pressure despite a recent rebound caused by political news. British Prime Minister Boris Johnson resignation drama seems to be gathering pace – it’s going to be a long story. First of all, the Conservative party has to find a new leader, and it […]
The post Politics Might Support GBP appeared first on Action Forex.
The farther you pull back on UnitedHealth Group’s (UNH) chart, the worse the picture gets. The company announced May 13 that former CEO Stephen Helsmley, who held the position from 2006 to 2017, will replace CEO Andrew Witty. This Read more…
We expect the RBNZ to cut the OCR by 25bp to 3.25%. We see the RBNZ’s OCR profile being revised down by around 20bp to around 2.9% by the end of 2025. Beyond this meeting Read more…
With temperatures steadily heating up outside as spring makes its inevitable march towards summer, we inch closer to the summer blockbuster season movie theaters are known for. That season is not what it used to Read more…