[ad_1] A snippet on what Deutsche Bank is expecting from the Bank of England: expect a +25bps hike taking the Bank Rate to 5.25% it is a close call between that and +50bps Beyond next week’s decision, see two more +25bps hikes rate cuts potentially starting from Q2 of 2024 — Announcement due at 1100
[ad_1] Euro, EUR/USD, RSI Divergence, Rising Support – Technical Update: EUR/USD near-term downtrend pauses on rising support Positive RSI divergence on 4-hour shows fading momentum What are key levels to watch as the new week gets going? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro weakened against the US Dollar last week.
[ad_1] JPMorgan affirmed it was remaining with its bearish vioew on the JPY In their note JPM said that while the yen could gain ground to some extent in the short run, they analysts don’t see the Bank of Japan fundamentally altering its loose monetary policy stance for as long as there was no change
[ad_1] MON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour CostIndex (Q2) TUE: RBA Announcement, Chinese Caixin Manufacturing Final PMI (Jul), German/EZ Unemployment Rates (Jul), EZ/UK/US Final Manufacturing PMIs (Jul), US ISM Manufacturing PMI (Jul), New Zealand Jobs Report (Q2) WED: BCB Announcement, US ADP Employment (Jul) THU:
[ad_1] The Bank of Japan met and eased their yield curve control on the 10 year effectively expanding their tolerance by a further 50 basis points to 1.0%. That news – and the other news this week – has the pair moving back toward a neutral level after up-and-down-volatility. The pair is trading near the
[ad_1] > These videos will kickstart your trading week in the forex market Technical review of some of the major currency pairs for the week starting July 31, 2023 EURUSD: USDJPY: GBPUSD: AUDUSD: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING
[ad_1] Share: More central bank decisions await in the coming week, with live meetings at the Reserve Bank of Australia and the Bank of England. US data will remain in the spotlight with key employment data, including Nonfarm Payrolls. Canada and New Zealand will also release job market data. Eurostat will release inflation





