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Gbp/usd forecast: dollar rebounds, investors await boe
The dollar rose as investors lowered their bets for Fed rate cuts this year. The BOE plans to increase borrowing costs on Thursday for the 12th consec...
Managed pressure drilling market size to touch usd 4,523.7 million, attaining a cagr of 3.90% by 2030 – report by market research future (mrfr)
Managed Pressure Drilling Market Growth Boost by Rising Deep Water & Ultra-Deep-Water Exploration, Drilling Operations and Technical Developments New ...
: pound slips below $1.26 as bank of england set to hike rates again
The British pound has put the volatility in U.K. financial markets during the former premiership of Liz Truss very far in the rearview window as the B...
Bitcoin and ether supported on dips but look vulnerable
Market Picture Bitcoin rallied at the start of Wednesday’s US session but unexpectedly plunged $1400 or 5% to $26.7K mid-session. This short-term di...
China april m2 money supply +12.4% vs +12.5% y/y expected
Prior +12.7%New yuan loans ¥718.8 billion vs ¥1.4 trillion expectedPrior ¥3.9 trillionBroad money growth in China is easing slightly as financial c...
Xau/usd: the final impulse continues to build in a bullish zigzag
In the long term, XAUUSD forms a primary double zigzag, it consists of three main sub-waves Ⓦ-Ⓧ-Ⓨ. Apparently, the primary sub-waves Ⓦ-Ⓧ hav...
Gold holds ground
AUD/USD seeks support The Australian dollar inches higher over accelerating inflation expectations. The selling pressure has eased after the pair clea...
Intelligent pigging market size projected to expand at a cagr of 5.20% between 2023 and 2030 – report by market research future (mrfr)
Intelligent Pigging Market Growth Boost by Growing Technology and Global Investments In Pipeline Projects in Oil & Gas Sector New York, US, May 11, 20...
What does it take to start trading online?
Online trading has become increasingly popular due to its convenience and accessibility. In the past, investors had to call their brokers to place ord...
Cotton yarn market to touch usd 120.40 billion by 2032, recording a cagr of 7.50% – report by market research future (mrfr)
Cotton Yarn Market Research Report Information By Type (Carded Yarn, Combed Yarn, and Others), By Application (Apparel, Home Textiles, Industrial Text...
Air charter services market unlocking growth and anticipated to set for usd 53.65 billion at 5.8% cagr during 2023-2032- report by mrfr
Air Charter Services Market Research Report Information by Type (Business Charter Services, Private Charter Services), By Application (Charter Passeng...
Bank of england to raise policy rate by 25 bps to 4.5%
Markets The April US CPI release was the key focus for global trading yesterday. However, as was often the case of late, the market reaction was influ...
Boe could hardly close the door for further rate hikes
Inflation in the US came in slightly better than expected by analysts. The headline inflation slipped below the 5% psychological mark – to 4.9%. Cor...
Bitcoin and ether’s buying opportunities on market dips
The sharp price drop has sparked rumours that US government officials were behind it, selling previously confiscated Bitcoins. The post Bitcoin and Et...
Ecb speakers fail to boost eur as us debt ceiling concerns grow
EUR/USD continues to weaken after reaching 2023 highs. The euro now faces fading risk appetite while ECB speakers attempt to back the EUR with hawkish...
Nzd/usd: door open to an advance beyond 0.6385 – uob
GBP/USD is holding lower near 1.2600, retreating from near 1.2650 heading into the European open. The cautious mood ahead of the BoE monetary policy d...
Usd/chf price analysis: bullish triangle confirmation signals further upside past 0.8900
Upbeat RSI, clear bounce off 0.8870 double-bottom keeps USD/CHF buyers hopeful. Sellers need validation from 0.8880, buyers may aim for 0.8950 on conf...
Usd/cad retakes 1.3400 amid modest usd strength, upside potential seems limited
The USD/CAD pair builds on the overnight modest bounce from the 1.3335 area and gains some follow-through traction through the first half of trading o...
Live british pound (gbp usd) traders look to bank of england (boe) meeting today
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the wor...
Gold price forecast: facing challenges as traders await fed’s monetary policy clarity
Traders’ uncertainty about inflation’s impact on interest rates and their wait for Fed policy clarity suggest Gold (XAU) prices may become rangebo...
Boj's ueda: there is no big problem in japan's banking system
Financial markets, system are stable again for nowThings seems to be under control with regards to US banking systemWill be watching impact of US debt...
Aud/usd continues to be pinned down by key resistance level
This is quite a classic, in that the pair is very much well respecting key technical levels since trading last month. At each and every attempt to pus...
Cpi report revealed inflation is easing, but certain sectors remain elevated
Yesterday the US Labor Department released the Consumer Price Index for April. The post CPI Report Revealed Inflation is Easing, but Certain Sectors R...
Cpi data muted, boe up next! #marketinsights
US annual inflation fell below 5%, which is the lowest since April 2021. The Fed looks to maintain its monetary policy schedule until the 2% rate is m...
Dollar gains to start european morning trade
There's not much of a catalyst behind it but the move continues from after the US CPI data yesterday, in which dollar losses were faded before the end...
Fx play of the day: is eur/gbp eyeing higher pullback levels?
The BOE is up today! Will the central bank’s event extend EUR/GBP’s days-long downtrend?......
European equities open higher to kick start the day
Eurostoxx +0.5%Germany DAX +0.3%France CAC 40 +0.7%UK FTSE +0.4%Spain IBEX +0.4%This comes with US futures also keeping higher, with S&P 500 futures s...
Indian companies invest cad 6.6 billion in canada, creating thousands of jobs, says cii report
Indian companies have invested over CAD 6.6 billion in Canada, creating tens of thousands of jobs, according to a report by the Confederation of India...
Gold price is heading for all-time high: here’s why that should terrify everyone
That’s just 2.1 percent below its all-time high of $2,074.88, which it hit in August 2020 at the height of the Covid pandemic. Gold has been a store...
Early morning call: gbp/usd remains near one-year high ahead of boe decision
This week, Goldman Sachs said it was now forecasting rates to peak at 5% in August. As recession fears are moving away, it gives a bit more room for t...
Xauusd final impulse builds bullish zigzag
In the long term, XAUUSD forms a primary double zigzag consisting of sub-waves Ⓦ-Ⓧ-Ⓨ. The primary sub-waves Ⓦ-Ⓧ have already been formed wit...
China inflation weakest since 2021; factory gate deflation deepens
China’s consumer price inflation reached its lowest level in more than two years in April largely due to the base effect and factory gate deflation ...
Eur/chf: further weakness in line with a renewed phase of “risk-off” – credit suisse
“EUR/CHF keeps grinding lower within its broad ~0.9700-1.0101 range, with weekly MACD momentum also turning freshly lower back into negative territo...
Gbp/usd could still attempt a move above 1.2700 – uob
GBP/USD is holding lower above 1.2600, retreating from near 1.2650 heading into the European open. The cautious mood ahead of the BoE monetary policy ...
Bank of england set to continue raising rates while inflation remains stubborn
The BoE meets on monetary policy again this week, with its interest rate decision due to be made public at 11:00 AM GMT on Thursday. The post Bank of ...
