British Pound (GBP) Forecast: 50bps Rate Hike Off the Table as UK Unemployment Rises?

The UK’s unemployment miss may hold sway over the upcoming BoE rate decision to maintain a 25bps hike while GBP/USD looks prepared for a push lower.

from DailyFX – Market News https://bit.ly/3ObH3Xv
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DXY Dollar Index Rock Solid Amid Market Mayhem Ahead of the Fed, BoE and BoJ

The US Dollar remains in demand despite a soft day in Asia as markets await meetings from the Fed, BoE and BoJ.Will bullish momentum continue for USD?

from DailyFX – Market News https://bit.ly/3xLmhsA
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Gold Price Forecast: XAUUSD May Break 1,800 on FOMC

Gold prices sank nearly 3% as traders priced in the chance for a 75-basis-point Fed rate hike following Friday's red-hot CPI data. Surging real yields spell more trouble for bullion prices.

from DailyFX – Market News https://bit.ly/3MNXf0a
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Japanese Yen Steadies Against USD as Bank of Japan is in Focus. Has USD/JPY Peaked?

The Japanese Yen has been weakening since March but looks to be at a crossroads ahead of the Bank of Japan meeting. Will bullish momentum return to USD/JPY?

from DailyFX – Market News https://bit.ly/39pR6tr
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