Fx News

GBP/USD: Two-way trades in 1.1060-1.1360 range for now – OCBC

UOB Group’s Economist Enrico Tanuwidjaja reviews the latest interest rate decision by the Bank Indonesia (BI). Key Takeaways “Bank Indonesia (BI) delivered a back-to-back 50 bps rate hike in October MPC meeting, in line with market expectation, to 4.75%.” “BI said that the decision is a front-loaded, pre-emptive, and forward-looking step to anticipate and mitigate the risk of rising…
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USD/CAD Price Analysis: Sellers attack 1.3660 support confluence to open 100-pip fall

GameStop’s premarket surge has investors wondering if squeeze is back on