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: 2024.11.18
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GBP/USD: BoE MPC's Green speaks on inflation - Scotiabank
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GBP/USD: BoE MPC's Green speaks on inflation - Scotiabank
New
2024.11.18 22:55
2024.11.18 22:55
2024.11.18 22:55
The Pound Sterling (GBP) is flat on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP steady on the day
"BoE MPC member Greene is speaking on the inflation outlook later today and UK markets are focused on Wednesday's CPI data for clues on the near-term policy outlook. Swaps are pricing in only limited (3-4bps) of easing risk for the December 19th BoE decision."
"GBP is steady on the session but the risk or more short-term losses will grow on a break under 1-year trend line support at 1.2575 currently. Resistance is 1.2700."
Last updated
: 2024.11.18
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GBP/USD Price Forecast: Steadies at around 1.2600
The GBP/USD fluctuates, yet it remains virtually unchanged at the beginning of the week as UK traders await the release of UK inflation figures and Retail Sales data.
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2024.11.19 00:08NZD/USD remains vulnerable around 0.5850 as US Dollar stays firm
The NZD/USD pair struggles to hold the immediate support of 0.5850 in the North American trading session on Monday.
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2024.11.18 23:25GBP/USD: BoE MPC's Green speaks on inflation - Scotiabank
The Pound Sterling (GBP) is flat on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2024.11.18 22:54EUR/GBP Price Forecast: Rises on weak UK GDP, fluctuates around 50-day SMA
The Euro recovered some ground versus the British Pound on Monday as traders digested the latest UK Gross Domestic Product (GDP) report, which hinted the economy is slowing down.
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2024.11.18 22:53EUR/USD: Consolidates above 1.0450 - Scotibank
ECB Governor Makhlouf said he believed a 'prudent and cautious' approach to policy setting was appropriate which suggests he is not in favour of a bolder rate cut at the December policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2024.11.18 22:27US Dollar flat as geopolitical takes centre stage
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2024.11.18 20:58Disclaimer:
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