UK pound faces headwinds ahead of November Budget

UK pound faces headwinds ahead of November Budget
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UK pound faces headwinds ahead of November Budget
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The Reserve Bank of Australia (RBA) surprised the markets with a decision to keep interest rates on hold at 3.85% instead of cutting to 3.60%. How did our watchlist setups for this top-tier catalyst fare? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a…
The Range Expansion Index (REI) is a technical indicator used by traders to assess the volatility and momentum in the market. The REI measures the relative price range of an asset over a specific time period and provides insights into market expansion or contraction. It is especially useful for identifying significant price movements and helps…
Equity Edge, a UK-based prop trading company, lost access to the MetaTrader 5 trading platform yesterday (Monday), which it was offering through a brokerage partnership. This has caused a service disruption for the prop trading firm, halting trading. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of high-demand scenarios. Alibaba Cloud helps…
I attended the FIX conference in Sydney on Wednesday, October 22. What an amazing, informative event! Let me start by noting how smoothly run the whole thing was. I arrived early, well before the scheduled 8.30 am registration time, to find the registration desk fully staffed and up and running. Which was great because after…
Financial Markets Come Out of Summer in a Foreboding Mood September 2, 2025 On this first U.S. business day of September, the dollar rallied strongly but only because of a wave of risk aversion sweeping through world financial markets. Overnight dollar gains include advances of 1.4% against sterling, 1.1% relative to the yen, 1.0% versus…
Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone Source link