EUR/GBP falls despite dismal UK data EUR/GBP dropped 0.8% yesterday after BoE Governor Andrew Bailey spooked the markets just hours after shoring them up. Andrew Bailey warned pensions that they had 3 days to shore up their positions ahead of Friday’s hard deadline when support would be withdrawn. His comments However, today’s reports suggest that […]
The post Two Trades to Watch: EUR/GBP, USD/JPY appeared first on Action Forex.
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…
Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact Read more…