Page 845 – Forex

The JPY is the strongest and the GBP is the weakest as the North American session begins

The JPY is the strongest and the GBP is the weakest as the North American session begins. The Bank of England (BoE) hiked interest rates …

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August 3, 2023

Technical Analysis

Ethereum Technical Analysis – Watch these key support levels

August 3, 2023

Ethereum has been struggling recently as the monetary conditions started to tighten more with the US Dollar gaining across the board and global bond yields …

Central Banks

BOE’s Bailey: I do not agree that we have lost control of inflation

August 3, 2023

There are two substantial base effects that will bring inflation down this year The economy has been much more resilient, that is good news We …

Central Banks

BOE’s Bailey: I will not judge what the path of rates will be

August 3, 2023

There is more than one path for rates that may deliver inflation back to target We will judge what is most appropriate based on evidence …

Central Banks

BOE’s Bailey: We expect food price inflation to fall gradually this year

August 3, 2023

Food inflation appears to have peaked We expect inflation to fall to around 5% in October Services inflation brings “unwelcome news” since May though He …

Technical Analysis

Bitcoin Technical Analysis – Risk of a selloff is high

August 3, 2023

Bitcoin has been struggling recently as the monetary conditions started to tighten more with the US Dollar gaining across the board and global bond yields …

Central Banks

BOE raises bank rate by 25 bps to 5.25%, as expected

August 3, 2023

Prior 5.00% Bank rate vote 8-1 vs 7-2 expected (Dhingra dissented, Haskel and Mann voted for 50 bps) Current monetary policy stance is restrictive Labour …

Technical Analysis

GBPJPY Technical Analysis – Waiting for the BoE

August 3, 2023

The UK CPI missed expectations across the board and triggered a big repricing in interest rates expectations. In fact, the market was pricing a higher …