“GBP/USD is challenging the key resistance near 1.2605 heading into the UK CPI data release, with the 14-day Relative Strength Index (RSI) momentum indicator in the daily chart holding firm above 5 ...
The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024 ...
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
While the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest ...
On the day of a poor set of US consumer price inflation data for January, Powell said the Fed had made “great progress” in getting inflation down but had not quite met its goals. He was quite right ...
Now, my admonition last month about the volatility of December data applies also to January data, although less so in CPI than in some other indicators ... (I’ve included M2 on this chart.) AS a ...
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Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to riseThe outlook made for grim reading, as while the Bank cut base rate from 4.75 per cent to 4.5 per cent, its lowest since June 2023, it also painted a gloomy picture on the UK economy ... could impact ...
The pair trades flat despite upbeat UK CPI. Intraday bias remains bearish ... trading below the 34- and below 55-EMA on the 4-hour chart. Bearish Trend Confirmation: Any break below 0.8260 ...
Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by ...
The Pound was mostly flat against the US Dollar on Wednesday following the publication of the UK’s latest consumer price index (CPI). The Pound US Dollar (GBP/USD) exchange rate traded mostly ...
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