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Tag: BoE Governor Andrew Bailey

GBP/USD Forecast: 1.23 Broken Following BoE’s Remarks

Forex
The risk of UK inflation stalling above the central bank’s target has dropped. UK inflation fell to 3.2% in March from 3.4% the previous month. Services...

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GBP/USD Outlook: Pound Poised for a Remarkable Monthly Close

Forex
Investors anticipate a swift transition to US rate cuts in 2024. Sterling has surged nearly 4% against the dollar this month. Sunak disclosed £29.5 billion ($36.76...

GBP/USD Weekly Forecast: Poised to Gain in Thanksgiving Week

Forex
The GBP/USD weekly forecast is bullish as the pair ended the challenging week marking a 2-week top around 1.2500. The pair’s trajectory hinges on...

Pound Sterling Price News and Forecast: GBP/USD soaring into 1.24, set for its best trading day since March

Forex
Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around...

Pound Sterling maintains strength on Mann’s hawkish guidance, US Dollar corrects

Forex
Share: Pound Sterling capitalizes on improved market sentiment and BoE’s Mann hawkish commentary. Katherine Mann favored an aggressive policy-tightening approach. Investors...

Gold Price Forecast: XAU/USD inches back closer to $1,920, lacks bullish conviction

Forex
Share: Gold price regains some positive traction on Thursday and recovers a part of the overnight losses. A generally weaker risk...

Mortgage catastrophe brews in Britain as millions are pushed toward insolvency

Real Estate
U.K. Prime Minister Rishi Sunak conceded shortly after the BOE's rate hike that the government's mission to halve inflation to 5% by the end...

BOE Expected to Hike After CPI Figures – Orbex Forex Trading Blog

Forex
The consensus that the BOE will hike at the meeting on Thursday is pretty near unanimous. Where rates go after that is subject to...

Week Ahead – Time for the Fed but first, it’s US inflation – MarketPulse

Blockchain
US The main event of the week is the FOMC decision, but before we get there, the May inflation report should show that inflation...

Week Ahead – Turkey heads to the polls, US retail sales eyed, China ponders rate cut – MarketPulse

Blockchain
US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, retail earnings, and bank stress. It will be a...

Bank of England Hiring For a CBDC- Will it replace the Pound?

Blockchain
Join Our Telegram channel to stay up to date on breaking news coverage According to a recent report by The Times, the Bank of England...

Week Ahead – Can CPI, Retail Sales, and Bank Earnings derail Fed rate hike odds?

Blockchain
US The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again...

GBP/USD Price Analysis: Soaring at Back of Strong Inflation

Forex
The pound is on track for a gain of almost 3% in March. UK food inflation in March reached a new peak...
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