Overall, the development in the financial markets are rather mixed for now, still awaiting further development in Taiwan Strait tensions. Yen’s rally was somewhat choked by the recovery in US benchmark yields overnight. Dollar is attempting a rebound, but momentum doesn’t warrant a reversal yet. Sterling is the relatively stronger European major, but the break […]
The post Dollar’s Momentum Doesn’t Warrant a Reversal Yet appeared first on Action Forex.
BoE lowered its benchmark Bank Rate by 25 basis points to 4.25% , in line with market expectations. However, the decision revealed a rare three-way split among policymakers. Five members supported the 25bps reduction, while Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s hard to imagine daily life without technology like smartwatches and Read more…
Monetary Policy Summary, May 2025 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term Read more…