Markets

A combination of factors is pulling GBP/USD away from the one-month highs reached on Tuesday. Expectations of the Bank of

The S&P 500 has now suffered a break below the key support at 3,940/3,927 to warn of a larger turn

Gold price is recovering from a daily low around $1,885 on renewed risk aversion. Traditional safe-haven assets like the USD,

He EUR/USD started Wednesday’s session accelerating to 1.0759, a new two-month high, but subsequently lost ground, leaving around 130 pips

USD/CHF reverses an intraday decline and turns positive for the second day in a row on Wednesday. A further increase

EUR/GBP rises for the second day in a row, though lacking any continuation buying, then pulls back. Expectations that the

Substantial GBP/USD gains likely above 1.2440 according to UOB Group Economist Lee Sue Ann and Market Strategist Quek Ser Leang.

The minutes of the Bank of Japan’s January meeting were released today. Featured Comments Members agreed that a recovery of

EUR/USD remains stuck to the 50-day moving average (DMA) at 1.0730 for the third day in a row. The Société

USD/MXN remains sideways near the ascending support line of a week ago, after posting the biggest decline since March 2022.