August 11, 2025 11:13 am
The USD/NOK currency pair lost ground on Monday, as market players awaited the key US CPI inflation data, due on Tuesday, that may provide further clues over the Federal Reserve’s monetary easing path. Annual core CPI inflation probably picked up to 3% in July, according to market consensus, from 2.9% in June. Markets are now […]
Read moreAugust 10, 2025 5:31 pm
The GBP/SEK currency pair settled below recent high of 12.9161, its strongest level since August 1st, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 10, 2025 10:17 am
The GBP/USD currency pair settled below Friday’s high of 1.3459, its strongest level since July 25th, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 9, 2025 5:15 pm
The GBP/SGD currency pair settled below Friday’s high of 1.7299, its strongest level since July 24th, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 9, 2025 10:24 am
The GBP/CHF currency pair settled below Friday’s high of 1.0876, its strongest level since July 2nd, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 7, 2025 10:58 am
The GBP/NOK currency pair hovered above a 7-week low of 13.5380 on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […]
Read moreAugust 7, 2025 8:14 am
The GBP/SEK currency pair was stuck within a narrow daily range on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […]
Read moreAugust 4, 2025 11:07 am
The CAD/SEK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Sweden’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […]
Read moreAugust 4, 2025 9:23 am
The CAD/NOK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Norway’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […]
Read moreAugust 2, 2025 5:50 pm
The USD/NOK currency pair settled below Friday’s high of 10.3657, its strongest level since May 19th, as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, well below estimates of 110,000. Also, June’s […]
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