GBP/USD Dips to 1.2850 Amid Growing BoE Rate Cut Speculation

BoC meets on Wednesday; decision to be announced at 14.45 GMT Market wants a dovish show, but BoC might not be ready for such a shift Loonie could find its footing again against the US dollar Bank of Canada meets on Wednesday The week will be dominated by central bank meetings with the first BoC […]

AUDUSD bounces back from its lowest point in nine months Short-term risk skewed to the upside; close above 0.6500 needed RBA maintains steady policy; pushes back rate cut timing AUDUSD encountered a significant drop to a nine-month low of 0.6346 on Monday, marking its worst daily performance since the pandemic, but it quickly found fresh buying […]

Market picture The cryptocurrency market decided to storm the local highs set almost two months ago. However, the growth has not yet developed, and some players rushed to fix profits quickly despite the positive sentiment in the US stock markets. Bitcoin is trading near $71K, where it was a day ago, but Ethereum (+1%) has […]