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Tag: GBPUSD

EURJPY : Monthly Support below 125

EURJPY : Monthly Support below 125

EUR to Yen Currency exchange is hovering near 125 which is acting as monthly support level.The recent low of 124.50 zone which is extending the fridays downtrend is in progress.Sellers looking still in progress as no new change has been happened yet.  [...]
25 bps BOE rate cut by September 2020 -BOE Policymakers hinted

25 bps BOE rate cut by September 2020 -BOE Policymakers hinted

Bank Of England policymaker hinted to cut down the rates recently ,Howeever the recent sluggish data release is more complicated for the action. The OIS market has now fully priced in a 25 bps rate cut by the September meeting with odds of a rate cut by the May meeting sitting at ~88%. It [...]
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