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Week Ahead: BOE to sustain GBPUSD above 50-day SMA?
The first week of August is set to feature a host of key events that could shake up markets, including the latest US jobs report, fresh Wall Street earnings, and perhaps even a new OPEC+ deal.
Dollar downside halted as China Covid concerns deepen
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less hawkish than recent chatter.
The first week of August is set to feature a host of key events that could shake up markets, including the latest US jobs report, fresh Wall Street ea...
BoE Bank of England rate hikes inflation GBPUSD British Pound Sterling Recession
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less ...
US Dollar DXY Covid-19 China safe haven Federal Reserve rate hikes inflation Fed speak FOMC Crude Oil OPEC+ Recession