Sterling softened after the latest UK labor market data reinforced expectations that the Bank of England is likely to adopt a more patient near-term stance on interest rates. The sharp decline in payroll employment, rising unemployment rate, and cooling wage growth excluding bonuses all pointed to a labor market that is gradually losing momentum, reducing […]
The post EUR/GBP: Weak UK Jobs Data Pushes BoE Toward Patience, but CPI Holds Key to Breakout appeared first on ActionForex.
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GBP/USD stays cautious below SMAs at 1.3420 as UK unemployment rate rises. Short-term bias is bearish; fresh sellers await below 1.3200. GBP/USD remains capped below its 50- and 200-day simple moving averages (SMAs) near 1.3420 Read more…
Walmart has spent years trying to turn its massive store footprint into a delivery advantage. Now that Amazon is pushing shoppers to expect groceries and household essentials in as little as 30 minutes, Walmart is Read more…