Ghana has incurred an estimated US$46.73 million in demurrage charges on petroleum imports so far in 2026, with the additional costs potentially adding between 47 and 60 pesewas to the price of every litre of fuel sold to consumers. This is according to…
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global…
TradingView Sterling set for seventh daily rise versus dollar ahead of BoE meeting
Cristiano Ronaldo quits international football just weeks after row with manager From holiday spending to shopping bills, how the stronger pound could affect household finances Shadow minister for Women and Equalities Joy Morrissey BLASTS the Chancellor’s ‘breathing space’ as British…
MUFG’s Lee Hardman reports that the Pound has benefited from broad US Dollar weakness, with GBP/USD briefly above 1.3500 and EUR/GBP near 0.8300. Markets expect the BoE to deliver its first rate hike since the US-Iran conflict began, though MUFG…
AUD/USD continues to consolidate above the 0.7000 level on Thursday, trading around 0.7010 at the time of writing, up a modest 0.04% on the day. The Australian Dollar (AUD) benefits from persistent weakness in the US Dollar (USD) and encouraging Australian trade…
Societe Generale strategists highlight that GBP/USD has rebounded from the lower boundary of its multi‑month range and reclaimed its 200‑DMA, suggesting scope for further recovery. The bank sees resistance near 1.3555/1.3600 and 1.3660, with first support at the 200‑DMA around…
LiteFinance - Pound Gains Momentum as BoE Prepares to Tighten. Forecast as of 05.11.2026 Buy the rumor, sell the news. Will this market adage hold true for the GBP/USD as the Bank of England prepares to deliver its widely anticipated first…
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually,…
Daily Forex EUR/USD Price Forecast: Euro Rally Hits a Wall Ahead of US Jobs Data The EUR/USD pair rallied a bit early on Wednesday, but perhaps mistakenly so. The elections will change some things, but not enough to…
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