OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
FxWirePro: GBP/USD dips as UK political tensions drag pound lower 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data 
FxWirePro: GBP/USD slide extends as UK political tumult intensifies 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: USD/CAD gains some ground but bias is bearish 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
FxWirePro: GBP/NZD edges higher but bias is bearish 
Pair is just supported above $1.4400 mark and currently trading at $1.4408 levels.
- Dropping below the $1.44 mark confirmed the bearish bias, with a further decline possible toward $1.42 in the near term.
- In the bigger picture, a break of $1.4346 will open the doors of $1.4200 mark. Major support falls at $1.4272 and $1.4226 levels. Alternatively, reversal from this level again drags the parity above $1.5000 levels.
- Yesterday BOE left monetary policy unchanged, keeping the main rate at 0.5% and the QE amount at £375 billion annually. Only one Monetary Policy Member voted for a rate hike, as was broadly expected.
- Today UK construction output and Euro zone trade balance are the only features in European session. A bunch of economic data will be released from US today, including retail sales, PPI, Empire State Manufacturing, industrial production, business inventories and U of Michigan sentiments.
