GBP/USD reaches its highest since early September, trades around 1.2630

[ad_1] Share: GBP/USD maintains its upward trajectory on a hawkish BoE tone. BoE Governor Andrew Bailey mentioned the challenge of bringing inflation back to the 2% target. US New Home Sales dropped by 5.6% at 679K against the market consensus of 725K in October. GBP/USD reached its highest level since early September, touching

GBP/JPY breaks above 188.50, hits its highest bids since August 2015

[ad_1] Share: GBP/JPY crosses 188.50, hits eight-year high as markets rally into the Friday close. The Pound Sterling is set for its fourth straight up day against the Yen. Risk appetite is catching a broad-market bid to cap off the trading week. The GBP/JPY has broken into new eight-year highs above 188.50 as the

Bitcoin trades to the highest level since May 2022

[ad_1] The price of bitcoin has extended to the highest level since May 2022. The high price has reached $38408 Bitcoin moves above and away from the 38.2% retracement Looking at the daily chart above, the price of the digital currency moved above the 38.2% of the move down from the 2021 high at $69000

Japan's 20-year bond yield has hit its highest since May 2014

[ad_1] The yield on the 20 year Japanese Government Bond has risen to 1.47%, its highest in nearly a decade. Yesterday the 10-year yield hit its highest since May 2014. The Bank of Japan was in the market buying the 10yr earlier today: BoJ offers to buy an unlimited amount of JGBs: fixed rate, residual

US mortgage rates reach highest levels in over 20 years

[ad_1] 30 year mortage rate at highest level in over 20 yrs US mortgage rates hit the highest level in 20 years. The average mortgage rate increased to 7.09% as reported by Freddie Mac. A year ago the rate was around 5%. The Federal Reserve’s high-rate policies have most directly impacted the housing market, causing

Eyes on $83.53 as WTI crude threatens to hit the highest since November

[ad_1] A Friday afternoon is no time for a breakout but oil is going to be in focus next week, especially if the US dollar continues to retreat. The big level to watch is $83.53. If that breaks, we’re at the highest since November. On the CPI front, year-over-year gasoline prices are now ticking higher