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EURGBP reversed from strong support zone Likely to rise to resistance level 0.8585 EURGBP currency pair recently reversed up from the strong support zone surrounding the powerful support level 0.8515, which has been reversing the price from last June. This support zone was further strengthened by the lower daily Bollinger Band. Given the strength of […]

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12/09/2024

ECB to Cut Rates by 25bp

In focus today Today, the ECB is widely expected by both analysts and markets to deliver a 25bp rate cut. The moderation in the labour market and economic activity since the June meeting should lead to a further increase in the confidence of the disinflationary process being on track, in particular given the slowdown in […]
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