- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/USD erases post-UK CPI gains ahead of Fed's decision
GBP/USD erases post-UK CPI gains ahead of Fed's decision
- UK inflations accelerates unexpectedly in February, ahead of BoE decision.
- US Dollar mixed as traders await Federal Reserve's announcements.
- GBP/USD retreats from six-week highs toward 1.2200.
The GBP/USD retreated more than 70 pips from the six-week high it reached earlier of 1.2297 and dropped to 1.2218 as Pound's momentum following UK CPI faded, ahead of the Federal Reserve's decision.
Pound erases gains, DXY holds to losses
Earlier on Wednesday, the UK inflation numbers surprised to the upside. The Consumer Price Index rose from 10.1% to 10.4% YoY, against expectations of a modest decline. The unexpected accelerations boosted the Pound, that then gave back all gains.
The inflation numbers increased the pressure on the Bank of England which will announce on Thursday its decision on monetary policy. A 25 bps rate hike is now more firmly expected.
The Fed announces its rate decision at 18:00 GMT. The consensus forecast indicates a 25 bps hike to 4.75% - 5.00%. The statement, the projections and Chair Powell's press conference could be as important as the rate decision considering the uncertainty surrounding the meeting.
Ahead of the meeting, the US Dollar Index is falling 0.15% as US yields move away from daily highs. GBP/USD is hovering around 1.2240 as a weaker US Dollar helped the pair find demand. The bias is still to the upside, with immediate support levels at 1.2220 and 1.2200/05. On the upside, a consolidation above 1.2300 could open the door to more gains.
Technical levels
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
