The Bank of England (BoE) will announce its decision on Thursday, February 3 at 12:00 GMT, and as we get closer to the release time, here are the expectations forecast by the economists and researchers of 4 major banks. Deutsche Bank “We expect the BoE to follow up their December …

European shares fell on Thursday as investors feared a possible interest rate hike and monetary policy tightening ahead of key European Central Bank decisions later Thursday amid mounting inflation pressures. The pan-European Stoxx 600 index fell 0.3 percent, led by interest rate-sensitive sectors, such as manufacturing, healthcare, and technology. Data …

Turkey’s annual inflation rate jumped more than expected to 48.69 percent in January, hitting its highest level in nearly two decades, data showed on Thursday, driven by a series of unconventional interest rate cuts and a sharp depreciation of the lira late last year. The Turkish Statistical Institute said the …

Oil, Crude, trading

Positive trading dominated the pound’s movements against the Japanese yen within the ascending path published in the previous analysis, touching the target price station at 155.45, recording the highest price of 155.45. On the technical side, the pair’s current movements are witnessing a bullish bias, building on 154.70 support level, …

Narrow sideways trading dominates the movements of the Canadian dollar for the third consecutive session, between 1.2660 and 1.2700 without any change in the technical outlook. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get more bullish momentum, in addition …

Oil, Crude, trading

Oil, Crude, trading

Gold prices successfully retest the support level published in the previous report at 1797 to return to the bullish bounce, approaching a few points from the price station required in the last analysis at 1813, to record the highest of 1811. Technically and carefully looking at the 4-hour chart, we …

The single European currency continued its positive move to the upside within the bullish path published in the previous report, after it succeeded in retesting the 1.1270 support line, recording its highest level during the last session’s trading of 1.1330. On the technical side, reading the chart on the 4-hour …