-
Asset Summary – Friday, 19 September
Asset Summary – Friday, 19 September GBPUSD faces potential downward pressure as the Bank of England maintains a cautious approach to easing monetary policy, despite some dovish dissent within the committee. While the UK economy shows some pockets of strength, the Bank’s commitment to gradualism and only modestly adjusted inflation forecasts limit the likelihood of…
-
Dollar Holds Steady After Fed’s Cautious Stance – Friday, 19 September
The US Dollar index stabilized around 97.4 on Friday after a two-day rise, influenced by the Federal Reserve’s less dovish approach than anticipated. Data indicating a drop in new jobless claims also contributed to the dollar’s support, offsetting earlier losses from the week. Other central bank decisions, such as the Bank of Canada cutting rates…
