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The EUR/GBP cross gained some intraday traction and spiked to fresh five-month tops, around mid-0.8800s, in reaction to the Bank of England's emergenc
US stock futures are poised for a lower open as the coronavirus spread in the US tops 1,000, a 1-mile containment zone was setup just outside of New York city, and as expectations grow for further ban
The GBP/USD pair managed to hold its neck above the 1.2900 round-figure mark, albeit lacked any strong follow-through and remained below session tops
The Pound Australian Dollar exchange rate is trading in a narrow range this morning as markets respond to the BoE announcement of an emergency rate cut.
Following the Bank of England's surprise decision to cut its policy rate by 50 basis points to 0.25%, outgoing Governor Carney said small businesses w
The GBP/JPY cross quickly reversed an early European session fall and is currently placed near the top end of its daily trading range, around the 136.
The GBP/USD pair managed to find decent support near the lower end of a short-term descending trend-channel and quickly reversed an early slide to one

GBP/USD: BoE’s cut pound-positive

09:21am, Wednesday, 11'th Mar 2020
The cut's pricing, accompanying lending scheme, and government coordination ahead of the budget provide room to the upside. GBP/USD initially tumbled
The Pound remained flat against the Euro on Wednesday following the Bank of England's (BoE) surprise rate cut of 50 basis points.
The EUR/GBP cross faded an intraday bullish spike to five-month tops and dropped to the lower end of its daily trading range, around the 0.8740 region

UK: Carney’s last service – TDS

08:56am, Wednesday, 11'th Mar 2020
The Bank of England (BoE) announced a number of measures this morning intended to bolster policies in this afternoon's budget. The BoE announced a rat
The GBP/USD pair dived over 100-pips in the last hour, hitting one-week lows in a knee-jerk reaction to the BoE's emergency rate cut. Ahead of the sch
The Bank of England (BOE) unexpectedly cuts its bank rate by 50bps from 0.75% to 0.25%, in a surprise move to cushion the blow of the coronavirus on t
EUR/GBP is currently trading off its highs and below a key resistance area as bears step to the plate leaving a series of bearish pin bars on the dail
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