by Elan Posh | Sep 25, 2023 | forex news, forex signals, GBPUSD Trading Analysis
Due to doubt about the economy, the pound sterling may continue to fall for a fourth day in a row.S&P Global said that the UK Services PMI fell for the second straight time.Policymakers at the Bank of England (BoE) changed their focus from inflation to the... 
by Elan Posh | Mar 7, 2022 | forex news, market news
There has been another month of losses for the British pound, which is now down close to 2 percent on the month.Market sentiment was sluggish, which fueled demand for safe-haven assets such as the dollar, which is “king.”GBP/USD The Technical Prognosis The... 
by Elan Posh | Jan 20, 2022 | forex, forex news
Senior Economist at UOB Group Alvin Liew comments on the latest BoJ monetary policy event. Key Takeaways “ The Bank of Japan (BOJ), as widely expected, decided to keep its policy measures unchanged at its Monetary Policy Meeting (MPM) on 18 Jan 2022 .” “In its latest... 
by Elan Posh | Jan 19, 2022 | forex news
“Regional agents are experiencing some second-round inflation impacts,” Bank of England Governor Andrew Bailey told the UK Parliament’s Treasury Select Committee on Wednesday. In addition, here are some more comments: “Since November, financial... 
by Elan Posh | Jan 19, 2022 | forex, forex news
The AUD/USD exchange rate is continuing to fall. According to Credit Suisse analysts, a closing below the well-defined channel uptrend on the AUDUSD around 0.7174/69 would rule out additional corrective strength. The Australian dollar will become negative again if it...