The BOE voted 9-0 to leave the Bank rate unchanged at 0.1%. It will also continue to buy up to 875B pound of UK government bonds and 20B pound of corporate debts. While cautioning that the economic outlook remained highly uncertain, policymakers acknowledged the recent upbeat data, smooth vaccination progress and the latest budget package.
The Federal Reserve building is pictured in Washington on Monday, March 8, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Federal Reserve on Wednesday dialed up its economic growth expectations but signaled that there are no expected interest rate hikes for the next two years. The so-called dot plot projections budged little
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike posted mixed quarterly results on Thursday, as sales fell short, hurt by U.S. port congestion, which led to inventory delays, and stores faced temporary closures in Europe. Its
AUD/USD refreshes intraday low, drops for consecutive second day. Australia’s preliminary Retail Sales dropped 1.1% in February. Market sentiment consolidates ahead of BOJ, US-China jitters probe the optimists. Treasury yields step back from 14-month top, S&P 500 Futures print mild gains. AUD/USD stands on a slippery ground while refreshing the intraday low with 0.7740, down
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Trading on margin in the forex market can offer investors leverage, or control over a large amount of currency, which is potentially lucrative—but also risky. Watch this video to learn more about the role of margin in forex trading.
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