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Technical Analysis
Technical Analysis

GBPUSD runs higher after rate cut. Buyers are more in control. Here are the reasons why.

Posted onAugust 7, 2025

The Bank of England cut its benchmark rate by 25 basis points today, but the decision revealed a more divided committee than expected. The final …

Forex Short News
Forex Short News

Commerse Sec. Lutnick: US likely to extend China deadline by 90 days

Posted onAugust 7, 2025

Commerce Sec. Lutnick is saying; Expects the China deadline to be extended another 90 days (the initial deal was set to expire on August 12) …

Forex News
Forex News

Harrison Global acquires majority stake in South Korean retailer

Posted onAugust 7, 2025
Forex News
Forex News

Massimo Group expands golf cart production to Vietnam

Posted onAugust 7, 2025
Forex News
Forex News

ClearSign receives order for enhanced burner technology modeling

Posted onAugust 7, 2025
Forex Short News
Forex Short News

US labor costs preliminary for Q2 1.6% versus 1.5% estimate

Posted onAugust 7, 2025

Prior quarter 6.9% for unit labor costs and -1.8% for productivity. Unit labor costs 1.6% versus 1.5% estimate Productivity preliminary 2.4% versus 2.0%.. The prior …

Forex Short News
Forex Short News

US initial jobless claims 226K vs 221K expected

Posted onAugust 7, 2025

Prior 218K (revised to 219K) Continuing claims 1974K vs 1950K expected Prior 1946K (revised to 1936K) These aren’t bad figures (except the new cycle high …

Forex Short News
Central Banks, Forex Short News

BOE governor Bailey: It is clear that the balance of distribution today was to cut rates

Posted onAugust 7, 2025

It is the first time that there was two rounds of voting for the bank rate The distribution was for 4 members wanting to hold, …

Forex Short News
Central Banks, Forex Short News

BOE governor Bailey: Pay growth has come in lower than what we thought it would be

Posted onAugust 7, 2025

Not too much else has changed in terms of key developments since May Consumption growth has been weaker and that feeds into growth projections When …

Forex Short News
Forex Short News

investingLive European FX news wrap: BoE delivers a hawkish cut

Posted onAugust 7, 2025

There was a chance the BOE decision today could’ve turned out really weird US Bessent: Trade deals are largely done BOE cuts bank rate by …

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