GBP/USD flat lines below 1.2700, looks to US data/FOMC minutes for some impetus
The GBP/USD pair struggles to build on the overnight goodish rebound from the 1.2615 area, or a multi-day low and oscillates in a narrow band during the Asian session on…
Read More »Markets Week Ahead: Markets Risk-On, BoE Decision, Gold, Nasdaq, Bitcoin
Risk markets regained all their early losses this week and continue to press higher. A benign FOMC and a weak US Jobs Report boosted markets going into the weekend.
Read More »US PCE Data Beats Expectations – Price Pressures Delay Rate Cut Plans
Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates
Read More »US Dollar languishes near multi-week low, looks to FOMC minutes for fresh impetus
The US Dollar (USD) remains under some selling pressure during the Asian session on Wednesday and trades near its lowest level in almost three weeks touched the previous day.
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