GBP/USD remains stable above the mid-1.3500s before UK CPI and Fed/BoE policy meetings
GBP/USD is likely to remain within a tight range on Tuesday amidst various signals. Expectations of a rate cut from the BOE are putting pressure on the GBP, limiting any upward movement as the USD sees a modest uptick. Dovish sentiment from the Fed is keeping USD Bulls cautious, which, in turn, supports the major […]
USD/CAD holds steady above mid-1.3500s, eyes 200-day SMA amid modest USD strength – FXStreet
USD/CAD is regaining some positive momentum amid continued USD buying interest. Weak oil prices have weakened the Canadian dollar, providing further support to major currencies. Traders are now focused on a speech by Bank of Canada Governor Macklem ahead of the release of the U.S. Consumer Price Index on Wednesday. In the Asian session on […]