The Bank of England will step into the spotlight during the post-FOMC session on Thursday at 10:00 GMT in a relatively busy week of central bank meetings and data releases. Investors expect a downshift to a half-point rate increase, though the UK’s messy economic outlook could cause wider divisions within the rate-setting committee, creating extra […]
The post BoE Set for Another Rate Hike, But Divisions May Widen appeared first on Action Forex.
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GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…