USDJPY is trading slightly lower in today’s Asian session despite a dovish BOJ meeting minutes and disappointing Japan CPI report.
Yesterday, GBPUSD led losses among the major currencies after the BOE rate statement. Technicals suggest there is more downside potential ahead.
After yesterday's disappointing labor market figures, AUDUSD is able to hold on to support in today's trading as retail sales data top forecasts.
AUD to GBP trades higher for the second consecutive day after the Bank of England decision came as was expected by markets. The pair reversed early losses after the announcement of the BOE decision. Bank of England (BOE) kept the interest rates unchanged at 0.10%
GBPAUD is coming under pressure today, and on a break to the June low of 1.8052, the GBPAUD pair might resume its exaggerated slide from 2.08.
The Bank of England stroke a slightly more hawkish tone than expected at their June 18, 2020 interest rate meeting, by only opting to add £100 billion to their quantitate easing program. This amount was at the lower end of expectations according to the Financial Times.
The GBPUSD pair is little changed today even after the Bank of England (BOE) delivered its interest rate decision. The pair is trading at 1.2535, which is 0.25% lower than the day’s open. The EURGBP pair, on the other hand, is slightly higher and is trading at 0.8942.
The GBPUSD pair is little changed today as investors wait patiently for the Bank of England (BOE) interest rate decision....
While volatility on EURUSD is limited in today's Asian session, the currency pair could soon see more movement on risk aversion and US jobless claims.
EURGBP is trading higher in today’s Asian session ahead of the much-anticipated BOE rate decision. Here's what we can expect today.
AUDUSD fell after the labor reports for May sorely missed expectations. However, the currency pair quickly retraced some of its losses. What could it mean?