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As widely expected, the central bank opted to leave rates on hold at 4.25%, with six of the nine MPC (monetary policy committee) members voting to keep rates unchanged. However, 3 members voted to cut ...
The British pound extended sharp upside on Friday tracking mild weakness in dollar amid lack of activity as US markets were closed on June 19 in observance of Juneteenth.
Additionally, the 14-day Relative Strength Index (RSI) is positioned above 50, indicating strengthening of the bullish bias. However, the GBP/USD pair remains below the nine-day Exponential Moving ...
AUD/USD is consolidating recovery gains below 0.6500 in the Asian session on Friday. The pair is underpinned by a renewed USD selling as concerns over a likely US attack on Iran ease. However, the ...