Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged. The Pound Sterling (GBP) retreated after the
US Dollar, DXY, Euro, British Pound, Australian Dollar – Outlook: Too soon to say if USD has topped. EUR/USD and GBP/USD appear to be in search of a bottom; AUD/USD drifts lower. What is the outlook and key levels to watch in EUR/USD, GBP/USD, and AUD/USD? Discover the power of crowd mentality. Download our free
Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The Pound Sterling (GBP) dropped from a two-week high as the United Kingdom’s economic
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