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The Pound Sterling dips as investors expect the BoE to cut rates sooner than expected.BoE Bailey said market expectations for two or three rate cuts this year are not unreasonable.The main event for this week will be the US core PCE price index data for February. The Pound Sterling (GBP) falls to 1.

USD/MXN extend its winning streak for the third successive session on Friday.S&P Global Manufacturing PMI rose to 52.5 against the expected 51.7 and 52.2 prior.Banxico has lowered its interest rates by 25 bps to 11.0% in its March policy meeting. USD/MXN rises on stronger US Dollar (USD) followi

IHSG Sesi I Terpangkas 0,40 Persen ke 7.065, Sektor Teknologi Jadi Beban Terbesar (Foto MNC Media) IDXChannel - Indeks Harga Saham Gabungan (IHSG) ditutup terkoreksi pada perdagangan sesi pertama Selasa (5/12/2023). Indeks ditutup turun 0,40% atau 28,49 poin ke level 7.065. Siang ini, total volume s

USD/JPY pair consolidates its losses ahead of the US key data. New York Fed’s one-year and five-year inflation outlook eased to 3.57% and 2.72% respectively. Japanese Finance Minister Suzuki and Bank of Japan (BoJ) Deputy Governor Shinichi Uchida denied to comment on FX levels. Traders will focus on

Share: The Reserve Bank of Australia (RBA) meets on Tuesday. Economists at Commerzbank analyze Aussie’s outlook ahead of the Interest Rate Decision. Lower AUD/USD the RBA disappoints again Market expectations of another rate hike are not entirely unjustified. If the RBA does raise rates, it would be

Share: EUR/USD gains momentum near the 1.0600 psychological mark on the weaker USD. The FOMC decided to keep the federal funds rate unchanged at 5.25–5.50%, as widely expected. The downbeat Eurozone economic data raises the fear of recession in the area. The EUR/USD pair surges above 1.0580 during t