Markets News

Sterling Slips as Bank of England Signals Potential Rate Cut

The Pound Sterling experienced a decline following remarks from Dave Ramsden, a member of the Bank of England Monetary Policy…

7 days ago

EUR/USD Trends Bearish Amidst Diverging Rate Paths

In a recent analysis, Fawad Razaqzada, Market Analyst at City Index, notes a growing bearish trend in the EUR/USD currency…

2 weeks ago

US Labor Market Report Influences Dollar Surge

The US Dollar experienced a significant recovery following the release of robust US labor market data, leading to a postponement…

3 weeks ago

Dollar Strengthens Amidst Fed’s Hawkish Tone

The Dollar has shown resilience following remarks from a prominent member of the U.S. Federal Reserve, signaling a departure from…

4 weeks ago

UK Retail Sector Shows Signs of Recovery Amidst Economic Rebound

UK retail sales remained stagnant in February, a figure that exceeded expectations and signals a continued trend of improvement, indicating…

1 month ago

Euro-Dollar Forecast Downgraded Amid Shifting Economic Conditions

Analysts at SEB, the Scandinavian lender and investment bank, have revised their forecasts for the Euro-Dollar exchange rate, suggesting a…

1 month ago

Canadian Dollar Stumbles Despite Strong Job Report; U.S. Influence Looms Large

The Pound to Canadian Dollar exchange rate reached a new 6-month high at 1.7314, following a Canadian jobs report that…

2 months ago

Dollar Strengthens Amidst Shifting Fed Expectations in 2024

In a recent update, Apollo Global Management, a major American money manager, has revised its outlook, suggesting that the Federal…

2 months ago

TD Securities Predicts RBNZ Interest Rate Hikes Amid Surging Inflation Expectations

TD Securities has joined the ranks of banks forecasting the Reserve Bank of New Zealand (RBNZ) to raise interest rates,…

2 months ago

The Interplay Between USD and Tech Stocks: Unveiling Market Dynamics

In recent discussions within the foreign exchange (FX) community, there is a growing debate on whether the fervor for Nvidia…

2 months ago