
GBP/USD suffers as BOE holds rates, rate differential benefits USD
The GBP/USD pair registers losses and is trading at 1.2285, following the Bank of England’s decision to keep rates unchanged
The GBP/USD pair registers losses and is trading at 1.2285, following the Bank of England’s decision to keep rates unchanged
EUR/USD moves sideways on Thursday, close to where it started the day. Jobless claims in the US exceed expectations, consumer
USD/JPY took a hit and fell near 147.50. In the US, mixed economic data was reported. Treasury yields soar. Investors
The carry proposal for the MXN remains intact, although the headwinds have strengthened, economists at Societe Generale. MXN valuations in
USD/MXN has risen to eight-day highs at 17.25. The Dollar soars to 105.73, a new maximum of six and a
Metals remain under pressure following the Fed’s hawkish pause and US data. The XAG/USD pair breaks below $23.00, hitting its
The DXY extends the bullish trend to the 105.70 area. If it continues to rise, it could revisit the 2023
EUR/USD retreats to the 1.0615 area, reaching new six-month lows. Additional losses should find the March low around 1.0516. He
Norges Bank rises and promises one more in December. Despite the aggressive surprise, the EUR/NOK has remained stuck to the
Kit Juckes, global chief currency strategist at Société Générale, analyzes the outlook for the currency market against a backdrop of
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