UK short-term bond yields may struggle to keep up with inflation after January headline CPI surprised to the upside. If the Bank of England fails to deliver a 50 bps hike in March, GBP/USD could be in real trouble. Earlier in February I pointed out how high expectations for Bank of England (BoE) policy tightening […]
The post Higher CPI Won’t Help GBP/USD Forever appeared first on Action Forex.
The US–China 90-day deal shows that actual outcomes are typically less bad than the ambit claims the Trump administration first announces. Once again, the US administration has shown that its initial announcements are usually ambit Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…
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