NIKKEI 225
39,023.45 +406.35 (+1.05%) HANG SENG
18,917.66 -277.94 (-1.45%) CRUDE OIL
77.12 -0.45 (-0.58%) GOLD FUTURES
2,375.20 -17.70 (-0.74%) DOW
39,671.04 -201.95 (-0.51%) Bitcoin GBP
54,500.69 -357.12 (-0.65%)
USD/GBP (GBP=X)
| Previous close | 0.7862 |
| Open | 0.7862 |
| Bid | 0.7855 |
| Day's range | 0.7854 - 0.7863 |
| 52-week range | 0.7609 - 0.8304 |
| Ask | 0.7855 |
FX EmpireJapanese Yen Is on the Edge
In this week’s Exness Market Outlook we dissect the GBPJPY’s precarious stance on the forex ice.
- Investing.com
Dollar steady ahead of Fed minutes, sterling gains on CPI release
The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less than expected in April. The dollar is struggling to move in any meaningful fashion as traders await the release of the minutes from the last Fed meeting, searching for more cues on the likely path of U.S. interest rates towards the end of the year. Last week’s soft-than-expected consumer inflation data raised hopes of rate cuts in a reasonably short time, but a series of Fed officials have continued to call for policy caution.
Yahoo Finance UKBank of England has room for three interest rate cuts this year, IMF suggests
IMF tells UK not to cut taxes as it warns over £30bn fiscal hole.
