The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar (USD) demand. Traders await […]
Tag: Hawkish
Gold plunges below $4,100 as hawkish Fed rhetoric trims December rate cut bets
Gold (XAU/USD) tumbles nearly 2% on Friday, yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve […]
Hawkish interest rate cut by the Bank of England – Commerzbank
Ultimately, the Bank of England delivered on the promise of an exciting decision, Commerzbank’s FX analyst Michael Pfister notes. BoE delivers a hawkish surprise “Although […]