The FTSE Finish Line – June 28 – 2023 Sage Leads Blue Chips Higher, BoE’s Bailey Notes Resilient UK Economy The FTSE sended Wednesday’s trading session on a modest positive note gaining 0.25%, following the overnight gains on Wall Street. Bank of England (BoE) Governor Andrew Bailey commented on the UK economy at the Sintra […]
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The major currency pair maintains upward momentum on Wednesday. The current EURUSD quote is 1.0950. President of the European Central Bank Christine Lagarde stated the day before that the ECB is unlikely to be able to declare achieving peak interest rates and the end of the interest rate hike cycle soon. Thus, the foreign exchange […]
The Australian dollar is rapidly declining against the US dollar on Wednesday. The current AUDUSD quote is 0.6643. The Aussie is aiming at its three-week lows today as investors receive confirmation of the Reserve Bank of Australia’s intention to pause its tight monetary policy cycle. The Australian inflation statistics for May prove this development. The […]