The British pound is almost unchanged today, trading just above the 1.21 level. UK inflation hits double-digits It hasn’t been a good week for the UK, with today’s inflation report following grim wage growth numbers. Headline inflation in July hit 10.1% YoY, up from 9.4% and above the estimate of 9.8%. It was a similar […]
The post Pound Yawns as UK Inflation Hits 10.1% appeared first on Action Forex.
You filed your taxes, triple-checked the numbers, and hit submit. Now you are watching your bank account like a hawk, waiting for that refund to land. But this year, the wait might test your patience Read more…
We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…