Tag: EURGBP
FX Update – May 13 – Sterling Struggling
GBPUSD & EURGBP, H4
The Pound has been unaffected by dismal UK data, with markets long since desensitized to bad economic figures, which, as the...
FX Update May 11 – Sterling in the cross-hairs
GBPUSD, H1
Cable has ebbed to an intraday low at 1.2344, driven by a moderate bid in the Dollar and rumored splits within the UK cabinet...
Sterling Stalls & Consolidates Gains
GBPUSD, H1
Sterling remains in demand and is consolidating at highs versus most crosses, but has slipped lower against the Dollar. Cable is being driven...
Coronavirus and Brexit – What happens next?
At the end of February the UK government published its forthright strategy for the new trade deal it needs to negotiate with the EU....
FX Update – Sterling Soft & CADJPY – A Perfect Storm
GBPUSD & CADJPY, H1
Cable is softer today after last week’s rally. The pair posted a 17-day high at 1.2486 on Friday, which was the...
BOE lowers again and adds more QE
GBPUSD, H1
The BOE lowered rates to 0.10%. The BOE says it will increase holdings of government bonds (new QE). The vote was unanimous. It...
