beebeesim

GBP/USD volatile after Fed trims rates; Powell’s press conference next in focus.Fed split: Miran dissents, favoring 50-bps cut; statement flags elevated inflation and slower growth.SEP projects 50-bps more easing in 2025, reinforcing expectations for prolonged Fed dovish path. GBP/USD surges during

We've just seen the release of UK jobs data for August. Unlike in the US, where the 'solid' labour market crumbled this summer, payrolled job losses were only a modest 8k in August. And there were no surprises in the earnings data, which remains at 4.7/4.8% YoY, ING's FX analyst Chris Turner notes,

NZD/USD softens to around 0.5870 in Friday’s Asian session.China’s CPI dropped 0.4% YoY in August as factory deflation deepened. Markets expect the Fed to start rate cuts at its September meeting next week. The NZD/USD pair loses ground to near 0.5870 during the Asian trading hours on Friday. The pa

Due Diligence + Discipline = Steady Profit.

The single European currency maintains a mild upward momentum on the first day of the week having already secured the level of 1.17 as the American currency is again under question. The data announced in US last week although they did not disappoint were not able to bring the American dollar back to