GBP/USD Rebounds From 1.3135 on Dollar Weakness as Sterling Crosses Withhold Confirmation
GBP/USD has rebounded from 1.3135, but ActionForex says the move looks more like a Dollar retreat than Sterling strength. A…
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Yen Attempts a Counterattack as Tokyo Warns of Intervention and BoJ Uses Hawkish Rhetoric
The yen attempted a counterattack as Japan's government resumed verbal interventions and the Bank of Japan struck a hawkish tone….
US producer prices jump 1.3% in September, beating forecasts
US producer prices rose 1.3% month-on-month in September, well above forecasts, and annual producer inflation reached 6.3%. Core readings also…
Euro rebounds 0.5% to $1.1216 as dollar slips from 18-month high
The euro bounced 0.5% from an 18-month trough to $1.1216 as the dollar slipped from an 18-month peak. A sharp…
BoE Set to Raise Bank Rate to 4.0% in November, Reuters Poll Shows
The Bank of England will raise Bank Rate to 4.0% in November, according to a majority of economists in a…
