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,...
As the highly anticipated Federal Open Market Committee (FOMC) meeting approaches, traders are adopting a cautious stance, hesitant to make aggressive moves ahead of this key event. The U.S. Federal Reserve is widely expected to announce a rate cut,...
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...
The Bank of Japan (BoJ) remains committed to maintaining accommodative monetary conditions, according to BoJ board member Asahi Noguchi. In a recent statement, Noguchi emphasized that while the central bank will likely adjust its monetary policy...
USD/CHF Technical Analysis: Range-Bound Consolidation Break: The USD/CHF pair has entered a consolidation phase, with price movements within a well-defined range, oscillating between **0.8700** (support) and **0.8850** (resistance). This sideways...