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Thursday, June 20, 2024

European Markets Wrap-Up: BOE leaves bank rate unchanged at 5.25%, as expected

BOE leaves bank rate unchanged at 5.25%, as expected

Prior 5.25% Bank rate vote vs 7-0-2 expected Statement details to follow...... 

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NZDUSD Technical Analysis – The positive sentiment lifts the Kiwi

Fundamental Overview The USD has been generally weaker this week after the strength seen last week due to some risk off sentiment. In fact, it looks like it's just sentiment that's been driving the ma... 

SOL Meme and PolitiFi Colossus, Solciety Raises $300k in Under 48 Hours

Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised over $300,000 within the first 48 hours of its presale, which commenced at 14:00 UTC on 18th June. The presale is... 

ECB's Knot: Optimal policy path is broadly in line with just under three rate cuts in 2024

There is strong case for using projection meetings to recalibrate policy stance High uncertainty warrants a data-dependent approach Disinflation process remains bumpy Not all the signs are green yet w... 

GBPUSD Technical Analysis – A look at the chart ahead of the BoE

Fundamental Overview The USD has been generally weaker this week after the strength seen last week due to some risk off sentiment. In fact, it looks like it's just sentiment that's been driving the ma... 

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Latest Forex Orders

FX option expiries for 20 June 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one being for EUR/USD at the 1.0700 mark. That will once again keep price action more contained, with downside momentu... 

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