Saturday, 16 November 2024

GBPUSD & EURUSD Outlook

by BD Banks

Asian stocks were mixed today, influenced by weak Chinese data and uncertainty around US Federal Reserve policies. Fed Chair Jerome Powell’s cautious stance on cutting interest rates and stronger-than-expected US inflation data have reduced expectations for a December rate cut. This shift has strengthened the US Dollar and boosted Treasury yields. Traders are now closely […]

The post GBPUSD & EURUSD Outlook appeared first on Action Forex.

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