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The Pound Sterling is expected to trade within a range while markets await the Bank of England’s announcement.
The Pound Sterling is slipping as focus turns to the Bank of England’s rate decision, with analysts predicting stability. Traders may consider strategies to profit from potential volatility. – vtmarketsmy.com
Written on February 3, 2026 at 6:09 pm
Categories: Live Updates
Kevin Warsh’s nomination for Fed chair could complicate policy because of his changing views on interest rates.
Kevin Warsh’s nomination for Federal Reserve chair brings uncertainty as he aims to reduce the $6.6 trillion balance sheet. Traders are advised to prepare for potential market volatility and rising interest rates. – vtmarketsmy.com
Written on February 3, 2026 at 6:09 pm
Categories: Live Updates
The euro declines against the US dollar, trading around 1.1780 after strong US data.
The EUR/USD dropped below 1.1800 due to strong US data and a US-India trade deal, boosting the Dollar. Traders foresee potential upside in EUR/USD amid weakening US data and dovish Fed expectations. – vtmarketsmy.com
Written on February 3, 2026 at 5:10 pm
Categories: Live Updates
Rabobank analysts predict Banxico will keep its policy rate at 7.00% during the meeting.
Analysts expect Banxico to hold the policy rate at 7.00% on February 5th, signaling a pause after 12 consecutive cuts. Future adjustments depend on economic data, influencing trader strategies. – vtmarketsmy.com
Written on February 3, 2026 at 5:09 pm
Categories: Live Updates
BBH analysts report that the RBA has raised the cash rate target to 3.85% in response to inflation.
The RBA raised the cash rate to 3.85%, boosting the AUD/USD. With inflation above target and contrasting U.S. policies, traders should maintain a bullish outlook on the Aussie dollar. – vtmarketsmy.com
Written on February 3, 2026 at 5:09 pm
Categories: Live Updates
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