UK pay growth stagnated in the three months to September. Market participants will pay attention to a speech by BoE governor Andrew Bailey. The looming US election is keeping market participants on edge. The GBP/USD price analysis shows bears regaining enthusiasm amid signs that the UK labor market is cooling. Meanwhile, the dollar strengthened as...
The dollar traded near an over 2-month high against its peers. Traders price an 89% chance of a 25-bps Fed rate cut in November. Economists expect the next BoJ rate hike in March next year. The USD/JPY price analysis shows that the bets for a Trump win are rising, boosting the dollar against the yen...
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