Fed pours water on March rate cut, GBP/USD under pressure despite BoE rate hold
Chris Cammack February 1, 2024 03:50 PM
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Chris Cammack is Head of Content at the FxScouts Group and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex since 2012 and has a preference for the GBP/USD and the cTrader platform.
He also hosts the weekly podcast Let’s Talk Forex alongside Alison Heyerdahl, covering topics such as technical analysis, fundamental analysis, and trading psychology. His written work on macro-economics, the Forex industry and other factors affecting Forex trading and traders are frequently published in industry news outlets as well as traditional media.
Chris Cammack February 1, 2024 03:50 PM
Chris Cammack January 25, 2024 03:12 PM
A raft of other US economic data released at the same time were more mixed. Initial and continuing jobless claims both increased, and inflation for final prices of goods and services came in much lower than expected.
Chris Cammack January 15, 2024 01:55 PM
Regulators quickly realised that many retail CFD traders, i.e. non-professional traders with little financial education, were losing more money than they could afford and that Forex and CFD brokers were engaged in various unethical practices that contributed to these losses.
Chris Cammack January 11, 2024 04:01 PM
Markets are still expecting/hoping for a cut in interest rates in March, though with the CBE Fedwatch tool showing a 65% probability this is still very uncertain.
Chris Cammack January 5, 2024 02:16 PM
CPI data will be released on Thursday and any increase in inflation will only further increase the possibility of a hawkish policy response.
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