US Dollar Forecast: Will Strong Jobs Data Lift USD? GBP/USD and EUR/USD Outlook
US jobs report in focus—can a strong payroll print extend USD’s rally? Watch key levels for GBP/USD and EUR/USD price action.
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Currency update from Thursday’s session
KAMPALA - The Uganda shilling closed Thursday’s session at 3668 /3678 levels against the dollar compared to the day’s opening of 3675 / 3685 levels.Market analysts noted that the dollar inflows from ...
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t ...
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...