Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
The GBP/USD currency pair rebounded from its recent lows near 1.2835-1.2830 during the Asian trading session on Thursday. The market's focus is now shifting towards the Bank of England's (BoE) upcoming monetary policy decision, where a...
The EUR/USD currency pair currently stands at 1.07391, and as you noted, the market has been showing a bearish trend. Despite the slower pace in recent trading sessions, many factors suggest that the pair could experience significant movement in the...
The AUD/USD currency pair is currently trading around the 0.66193 level, indicating a bearish trend, which has led to a slower pace in the market. This trend reflects broader economic and financial influences on the Australian dollar and the U.S....