As widely touted, the PboC announces a 50bps rate cut. USD/CNH tests 6.5000.
from DailyFX – Market News https://bit.ly/2TStUw7
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As widely touted, the PboC announces a 50bps rate cut. USD/CNH tests 6.5000.
from DailyFX – Market News https://bit.ly/2TStUw7
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Gold’s recent move higher is coming under pressure and the near-term outlook may turn negative if short-term trend support fails.
from DailyFX – Market News https://bit.ly/3hsyGJA
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The British Pound fell as May’s UK GDP report fell short of expectations, reinforcing a recent dovish shift in Bank of England policy bets. GBP/USD may be forming a major top.
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Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.
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The British Pound fell as May’s UK GDP report fell short of expectations, reinforcing a recent dovish shift in Bank of England policy bets. GBP/USD may be forming a major top.
from DailyFX – Market News https://bit.ly/3hQ1JWL
via IFTTT