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About: anakin
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The Bank of England maintained interest rates, causing the British Pound to weaken against the US Dollar
GBP weakened as BoE held rates, but later strengthened. GBP/USD remained bullish, trading above 1.3000.
Macklem anticipates March CPI at 2.5%, while emphasising careful policy adjustments and uncertainty regarding outcomes
February CPI met expectations; March CPI near 2.5%. Shelter inflation declines. USDCAD below 100-hour moving average.
Following Chair Powell’s optimistic signals, Home Depot shares propel the Dow Jones Industrial Average upwards
Home Depot stock rises as Powell’s inflation remarks boost Dow; tariff concerns persist, impacting lumber and flooring sales.
As bearish pressure rose, EUR/USD declined towards the 1.0830 area following the European session
EUR/USD trades near 1.0830, declining as sellers target 1.0800. Technical indicators suggest growing downside momentum.
Macklem indicated multiple potential outcomes while suggesting cautious future monetary policy adjustments may be necessary
