GBP/USD looks vulnerable to near-term downside, threatening to break out of what resembles a rising wedge pattern on the daily timeframe. Right now, the pair is resting on horizontal support around ...
Notably, this was the first MPC meet under the leadership of new RBI Governor Sanjay ... 2025 06:16 PM ISTWhat Caused Bloodbath On Dalal Street, As Sensex Crashes 2,500 Points In Five Days Feb 11, ...
But surprisingly two MPC members voted for a 50 bp cut and that helped to weigh on the currency and the pair in late-week trade, with GBP/USD holding below the 1.2500 psychological level. From the ...
Share Market Today: Sensex Tumble Over 1000 Points, Nifty Down 310 Pts – What’s Behind The Drop?
Share Market Today: India’s benchmark indices, Sensex and Nifty 50, settled down in red on Tuesday, February 11, 2025. The Sensex (index with top 30 firms) tumbled by 1018.20 points to settle at ...
RBI MPC meeting 2025 highlights: Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo rate by 26 basis points. The MPC began ...
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The actions taken by the government are sufficient, but not solely adequate. The fiscal engine has started, and now it’s time ...
RBI is further expected to cut the rates by 75 basis points in the successive MPC review in April 2025, the report mentions. “Cumulative rate cut over the cycle could be at least 75 basis points, with ...
RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis ...
The Pound Sterling (GBP) trades cautiously to near 1.2400 against the US Dollar (USD) in Monday’s North American session. The GBP/USD pair is trades with caution as the US Dollar Index (DXY), which ...
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