The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
The British Pound (GBP) showed resilience against most major currencies on Tuesday, outperforming all except for North American currencies. However, the Pound’s outlook remains clouded by several factors, particularly geopolitical tensions and...
The European Central Bank (ECB) is expected to lower its Deposit Facility rate by 25 basis points (bps), bringing it down to 3.25%. This would mark the second consecutive rate cut by the ECB, signaling a shift in monetary policy aimed at supporting...
Gold has recently experienced a notable rise, driven primarily by growing geopolitical tensions and global uncertainties. Investors are increasingly concerned about the potential for a broader conflict in the Middle East, especially in Gaza, where...
GBP/USD Fundamental Analysis: UK Economy’s Soft Patch: Recently, UK GDP growth has come in weaker than anticipated, pointing to a potential slowdown. This keeps the Bank of England cautious, as they may need to hold back on further rate hikes to...