Steve Ruffley
SteveRuffley.com
Summary
Let’s face it we are only going to be talking about the UK elections today. The FTSE, GBP and what this means for you as a trader. Join Steve for live analysis.Latest Live Videos
Editors’ Picks
GBP/USD holds gains above 1.2300 ahead of BoE policy announcements
GBP/USD is consolidating gains above 1.2300 ahead of the BoE’s policy announcements. Strong UK CPI data, PM Sunak’s Brexit success and dovish Fed hike add strength to the Cable’s bullish momentum.
EUR/USD consolidates gains below 1.0900
EUR/USD has retreated modestly and gone into a consolidation phase below 1.0900 following the rally witnessed in the Asian session. Ahead of the mid-tier data releases from the US, the US Dollar stages a technical correction and makes it difficult for the pair to stretch higher.
Gold extends Fed-inspired bounce off $1,960 on softer yields
Gold price gathered bullish momentum and climbed above $1,980 early Thursday before retreating modestly. The benchmark 10-year US Treasury bond yield is up 1% on the day following Wednesday's sharp decline, limiting XAU/USD's upside for the time being.
Binance market share could drop after abolishing most zero-fee trading, boosts TrueUSD stablecoin
Binance phased out almost all zero-fee buying and selling BTC along with multiple trading pairs from its platform after nine months on Wednesday. An exemption was allowed for the TrueUSD/Bitcoin (TUSD/BTC) pair.
BoE Interest Rate Decision Preview: Preparing ground for a rate hike pause in May Premium
The Bank of England (BoE) is seen keeping up its interest rate increases, although at a slower pace in March, as the world battles financial sector risks. The BoE will announce its interest rate decision at 12:00 GMT on Thursday.