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GBP/USD Analysis: Bank of England Decision Looms – What to Expect? – MarketPulse
The Bank of England (BoE) is expected to announce a 25 bps rate cut on February 6, 2025. Weak UK Data and ongoing trade war and geopolitical risks pose threat to BoE policy. Key levels to watch are 1.2500 (resistance) and 1.2466 (support). Governor Bailey comments and press conference are key to future policy hints….
Uranium Tech Breakthroughs Leading to Global Nuclear Renaissance
U.S. President Donald Trump in May enacted four executive orders designed to accelerate reactor approvals, enhance domestic uranium production and enrichment capabilities, and promote the advancement of innovative nuclear technologies. Trump urged the federal government to expedite the construction of nuclear reactors and to reform the “risk averse” regulatory environment, with the goal of increasing…
All Eyes on the Federal Reserve – Currency Thoughts
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Weekly Market Wrap With Gary Thomson: GBP/USD, USD/JPY, MSFT and META Shares
Get the latest scoop on the week’s hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. Market Reacts Mildly To Fed Decision, Focus Shifts To Nonfarm Payrolls USD/JPY Falls Below 150 Yen Per Dollar MSFT…
EUR/USD Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 1.1157; (P) 1.1192; (R1) 1.1220; More… Intraday bias in EUR/USD remains neutral. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending 38.2% retracement of 1.0176 to 1.1572 at 1.1039. Intraday bias will be back on the upside for retesting 1.1572. However, sustained break of…
