The British Pound holds the high ground against the US Dollar in anticipation of a hawkish Bank of England on Thursday. What will a hike mean for GBP/USD?
The British Pound has consolidated so far this week as the market anxiously awaits US CPI on Thursday for clues about the Fed’s actions. Will GBP/USD rally further?
AUD/USD, after a lofty shift higher, fell on a hot US CPI print that charged the US Dollar. Asia-Pacific markets may end the week on the back foot today as downbeat sentiment bleeds into APAC trading.
AUD/USD rose overnight, putting in a third daily gain, as Wall Street stocks surged amid improving sentiment. China’s new Yuan loans for January may cross the wires today as investors await US CPI.
Bitcoin moved to its highest level since early January overnight while Wall Street stocks fell into the New York closing bell. A light economic calendar today may leave prevailing risk trends unche…
AUD/USD is slightly higher in early Asia-Pacific trade as markets eye Chinese PMI data. A light week ahead on the economic docket may leave prevailing risk trends intact.