UK inflation dropped sharply from 2.2% to 1.7% in September. Services inflation, a key measure for the BoE, plunged from 5.6% to 4.9%. Fed’s Raphael Bostic said he expects one more rate cut this year.
The GBP/USD price analysis shows little change, as the pound remains within its tight range. UK employment figures failed to change the outlook for Bank of England rate cuts. Market participants are ...
The USD/CAD outlook shows fundamentals that support further upside for the pair. Fed policymakers have assumed a more cautious tone due to upbeat data, boosting the dollar. At the same time, the ...
The USD/JPY outlook leans bullish, with the dollar firm after better-than-expected consumer inflation data. Meanwhile, the yen was weak despite Ishiba’s comments that he would not intervene in the BoJ ...