Here is what you need to know on Thursday, January 2: The US Dollar (USD) Index gained more than 2.5% in December and closed the third consecutive month in positive territory. The index stays in...
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GBP/USD remains weak near 1.2510 in Thursday’s Asian session. Fed officials projected they will make just two quarter-percentage-point rate reductions by the end of 2025. Dovish BoE bets and Trump’s tariff threats could undermine the...
Here is what you need to know on Thursday, December 19: Following the Federal Reserve’s (Fed) and the Bank of Japan’s (BoJ) monetary policy announcements, the Bank of England (BoE) is next in line to...
The Bank of Japan announced policy, delivering a rather cautious hold which has been digested as a dovish surprise by markets, ING’s FX analyst Francesco Pesole notes. Direction of travel for USD/JPY looks clearly towards...
UK manufacturing output contracted by more than anticipated in December. Market players buy the Greenback as mounting uncertainty weighs. GBP/USD pressures fresh multi-month lows with a firmly bearish stance. The US Dollar (USD) resumed its...