Cable bounced from new three-week low (1.3415), hit after Tuesday’s 1.2% drop, boosted by weaker than expected UK inflation in May. Weaker dollar also helps Wednesday’s recovery, as markets await Fed’s decision today and BOE’s monetary policy meeting (Thursday). Both central banks are widely expected to hold rates this time, with market focus on signals […]
The post GBP/USD: Pullback Finds Footstep at Key Supports Ahead of Fed/BoE Rate Decisions appeared first on Action Forex.
Silver and Gold can’t sustain their previous momentum, seeing renewed bearish flows amid tensions resurfacing Their inverted correlation to Oil and the US Dollar remains strong, with the two bouncing back to start the week Read more…
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The headline is certainly alarming: Ford’s April 2026 sales are down 14.4% year over year. The subhead doesn’t get any better. Electric vehicles were down nearly 25%, and hybrids, which had previously been a source Read more…