Logo-color Logo-white

BoE meeting concludes on Thursday, the day after the Fed Economists assign an almost zero chance of a rate cut Wednesday’s CPI and the Fed rate cut could lead to a surprise BoE move Pound to benefit from an uneventful meeting BoE will announce its rate decision on Thursday The Bank of England is joining […]

The post Could BoE Surprise With a Rate Cut on Thursday? appeared first on Action Forex.

previous

Soft-Landing, or No Soft-Landing, That Is the Question: Part IV

next

Crude Oil Prices Recovery Begins: Can It Sustain?

Read More

09/04/2024

U.S. Small Business Optimism Index Edges Lower in March, Falling to the Lowest Level Since 2012

NFIB’s Small Business Optimism Index fell 0.9 points to 88.5 in March, disappointing market expectations for a modest increase to 89.7. This marked the lowest level in the headline index since 2012. Six of the ten subcomponents deteriorated on the month, two improved and two remained unchanged. Leading the decline was an 8-point drop in […]
17/01/2024

GBP: My Expectations From CPI

In November, average pay growth in the UK slowed to 6.5%, down from 7.2% in the previous month, according to the Office for National Statistics. This decline suggests that inflationary pressures have weakened more than anticipated. The decrease in pay growth came as the UK jobs market weakened due to high interest rates and stagnation […]
15/12/2023

AUDUSD: Solid Chinese Data Further Boost Post-Fed Rally

AUD/USD keeps firm bullish tone for the third consecutive, with better than expected China retail sales and industrial production data adding to positive near-term outlook, established after dovish Fed on Wednesday. The pair is trading near new 4 ½ month high in early Friday, with bullish technical studies contributing to positive fundamentals and continue to […]