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BoE holds rates, pound surrenders gains – MarketPulse
The British pound rose as much as 0.70% today but has given up almost all of these gains. In the North American session, GBP/USD is trading at 1.2560, down 0.10% on the day at the time of writing. BoE stays on the sidelines, says cuts will be ‘gradual’ The Bank of England joined the parade…
Weekly FX Charts Outlook
Weekly FX Charts Outlook GBPUSD Weekly Charts Outlook Supports : 1.29700 , 1.27350 & 1.24850 Resistances: 1.31350 , 1.31850 & 1.32750 As long as above 1.29700 Bullish. If it can’t surmount 1.31850 next week, this might be the start of a bigger Correction. Weekly chart EURUSD Weekly Charts Outlook Supports : 1.08850…
USDCAD Technical Analysis: The US dollar weakens on dovish Fed bets | investingLive
Fundamental Overview The USD weakened across the board yesterday following soft ADP data and a Bloomberg report saying that Hassett emerged as the frontrunner for the Fed Chair position. The greenback was already under some pressure caused by Fed’s Williams endorsement for a December cut on Friday. The probability for a December cut is now…
The Life of a Showgirl: Taylor Swift’s Glamorous New Era
Ah, the life of a showgirl—glamorous, fabulous, and full of intrigue. Taylor Swift’s brand new album, The Life of a Showgirl, is the dazzling, highly anticipated chapter we’ve all been waiting for. From the first teaser to the full-blown reveal, every moment has been nothing short of a spectacle. Fans have been on the edge…
Borrowed peace pays hefty interest – North American Session Market Wrap for March 27
After all, without a concrete resolution to the still-blockaded Strait of Hormuz and a real, long-term guarantee that the conflict won’t escalate further, Markets cannot rally. Traders need trust to return to persistent buying of already elevated valuations. Particularly given that Wall Street fiercely held the initial rise in WTI and the US Dollar, it…
Bad news, BOJ rate hike gradually priced in, BofA says By Investing.com – Forex Trader Hub
Investing.com– Japanese stocks have traded largely rangebound so far in 2024 after logging strong gains in the past year, with BofA analysts noting that a slew of negative factors for local markets may already be priced in. The index was trading flat so far in 2025 after adding nearly 20% in the past year, with…
