Bank Of England Decision Boosts Chances Of A March Rate Cut
Another heavily divided Bank of England decision lowers the bar for a rate cut next month.
Crypto Liquidations Domino Effect
Crypto market just went through a sharp sell-off over the weekend Bitcoin briefly fell below key support level before bouncing back a bit.
AMD Faces Sharp Downturn After Disappointing Q1 Outlook
AMD shares drop sharply after missing revenue expectations, with technical patterns pointing to continued downside toward key support levels.
GBP/USD Under Local Pressure: Focus On Bank Of England Signals
GBP/USD fell to 1.3627 on Thursday. Investors are awaiting the outcome of today's Bank of England meeting.
Pound Sterling Cracks After BoE's Dovish Rate Hold
The Pound Sterling slumps against its major currency peers after the BoE’s monetary policy announcement.
Gold Drops $300 after Hitting $5100 Rejection
Metals markets failed to regain record highs after heavy rejections.
EUR/USD Consolidates Losses With The Focus Shifting To The ECB
EUR/USD remains depressed a few pips above two-week lows at 1.1777.
Daily Market Outlook - Thursday, Feb. 5
Thursday’s tape looked like a simultaneous bid for “broader growth” and a pullback in risk.
Eli Lilly Shares Boosted BY GLP-1s
On Wednesday, Eli Lilly reported earnings well above expectations, and its shares initially rose by 10%.