GBP/JPY: Extends Its Losses

During yesterday’s trading session, GBP/JPY witnessed noticeable losses within the expected negative outlook during the last analysis, targeting 149.50, recording its lowest level at 149.40. On the technical side, the bearish trend is still the most preferred today, based on the clear negative signs on stochastic that come in conjunction …

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Poll: Fed to lift rates in Q3 2022,

Reuters’ survey of economists cites persistently higher inflation to mark the shift in expectations for lift-off to Q3 from Q4 next year. Even so, “Rising COVID-19 cases around the world and the emergence of the Omicron coronavirus variant, along with renewed restrictions in some countries underscore that the pandemic is …

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