Daily Pivots: (S1) 0.8551; (P) 0.8580; (R1) 0.8635; More… Immediate focus is now on 0.8611 resistance in EUR/GBP. Decisive break there will confirm short term bottoming at 0.8517, stronger rebound would then be seen to Read more…
As BoE gears up for its monetary policy decision today, market observers find themselves divided on the scale of the expected rate hike. This indecision comes in the wake of a consumer inflation report released Read more…
The eurozone economy contracted during the past two quarters albeit mildly, entering a technical recession. Traders will look to see whether the negligible downturn has worsened when flash S&P Global PMI figures for the month Read more…
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure on the Bank of England. This comes just a day before the anticipated 13th consecutive interest rate hike to curb Read more…
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure on the Bank of England. This comes just a day before the anticipated 13th consecutive interest rate hike to curb Read more…
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure on the Bank of England. This comes just a day before the anticipated 13th consecutive interest rate hike to curb Read more…