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GBPAUD Moves in a Bounded Range

Markets assume the Bank of England (BoE) will accelerate the pace of interest rate cuts which will weaken the Pound, whilst the Australian Dollar...

Bigger Interest Rate Cuts Spark Surge In Demand For The NASDAQ!

Stocks rally after the Federal Reserve chooses to “go-large” with a 0.50% interest rate cut.  The NASDAQ rises more than 2.50% and the...

GBPUSD Ahead of BOE Policy This Week

The pound sterling rose above $1.31 as attention turns to UK inflation data and the Bank of England meeting. The BoE is expected to...

GBPUSD: Short-term Technical Correction?

The Pound hovers around $1.3125 at the start of September, having gained 2.1% in August, as expectations of monetary policy divergence between the US...

Pound reaches new record highs for 2024, after US jobs revision

The British Pound rallied to over $1.3000 the highest since July 2023, as the US dollar weakened. The dollar has fallen as expectations of...

The Pound Rises, But Cracks Emerge in the UK Employment Sector

The Pound increases in value, but UK employment data signals economic stagnation and weakening employment. The UK number of individuals claiming unemployment benefits...

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