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If we jump straight into the economic calendar we see Interest Rate decisions from the Fed and the Bank of England. Analysts are expecting a lowering of rates out of London. We see GBP weakness against AUD, NZD, JPY, and CAD. Looking at GBPAUD on the daily chart, we see a pullback but if the BoE doe

We expect the Fed to maintain its monetary policy unchanged in the May meeting, in line with consensus and market pricing. The Fed will not publish updated economic projections.While we expect the Fed to resume cutting rates in June, we doubt Powell will opt for clear forward guidance amid the tarif

EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies.Markets have largely priced in a 25 basis point rate cut by the ECB at its June meeting.The Pound Sterling weakens as markets are now anticipating a BoE 25 basis point rate cut in May

Gold price attracts some sellers for the second straight day amid receding safe-haven demand.A stronger USD further exerts pressure on the commodity amid signs of easing trade tensions.Fed rate cut bets might cap the USD and lend some support to the non-yielding yellow metal. Gold price (XAU/USD) tr