News

GBP: Welfare bill reversal raises tax hike chances – ING
The UK government scrapped a benefits cut bill that was meant to save £5bn following a revolt by Labour backbenchers. Aside ...
EUR/USD Forecast: Euro could extend correction on an upbeat US employment data
EUR/USD corrects lower on Wednesday and trades below 1.1800 after setting a new multi-year high at 1.1830 on Tuesday. The pair's near-term technical outlook highlights a loss of bullish momentum as ...
Bitcoin Price Forecast: BTC consolidates as Trump’s budget bill and tariff chatter resume
Trump’s One Big Beautiful Bill (OBBB) passed the Senate on Tuesday following a 51-50 vote by lawmakers. The bill now heads ...
BoE’s Taylor: Soft landing on interest rates at risk
Bank of England (BoE) policymaker Alan Taylor is speaking in a panel discussion titled "Central bank communication: current ...
EUR/USD: Consolidation mode near 1,1800 is in play with further rise being a challenge
The single European currency is falling marginally below the level of 1.18 as after a continuous upward streak the first signs of fatigue are now evident and climbing to the levels of 1.20 will not be ...
ECB’s Wunsch: I am not uncomfortable with market's interest rate expectations
European Central Bank (ECB) policymaker Pierre Wunsch said on Wednesday that “I am not uncomfortable with the market's interest rate expectations.” “There is an argument for providing a mildly ...