EUR/GBP Rally Continues Amid Speculation on Central Bank Rate Cuts
The EUR/GBP currency pair maintained its upward trajectory that began on March 29, reaching around 0.8570 during Thursday’s European trading session. The market’s focus has…
Posts Tagged: BOE Governor Andrew Bailey
GBP/USD Finds Support Near 1.2320 Amid Retreating US Dollar Index (DXY)
In Asia, the GBP/USD fell to about 1.2320 before slowly rising again. Once again trading near 102.60, the U.S. Dollar Index (DXY) has since retreated,…
GBP/USD Slumps Below 1.2500 Amid S&P/CIPS Services PMI
A dip in UK statistics sent the GBP/USD currency pair rate down to 1.2500. Recession fears were reignited by May’s dismal service sector activity, which…
NZD/USD Focused on 0.7050 Ahead of US Factory Orders
According to experts at Westpac, the NZD/USD currency pair will continue to rise this week, with a break above 0.70. Similar to how we…
GBP/USD Eyes Upside Before BoE Speech
Bears need a dramatic break below the daily rising trendline support. Bearish RSI keeps sellers eager for BOE-speak on Monday. As traders prepare for the…