Tag: GBP
BoC ahead but focus on Powell
BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...
Pro-no-deal-Brexit Johnson & Sterling
Brexit: There continues to be a dearth of anything approaching what might be called a substantive development. But there are signs of what the...
Pound breaks last week’s band
Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...
GBP vaulted upwards – Could this be sustained?
EURGBP
Sterling vaulted higher on the perky UK wage data, which prompted interbank and short-term speculative participants to put a squeeze on short positions, especially...
Sterling suffers on fresh Brexit news
GBPJPY remained heavy amid safe haven demand for the Yen but also amid a weak Pound on Brexit fatigue. The low reflected safe haven...
Everything depends on Brexit afterall
The BoE left monetary policy unchanged yesterday, as widely expected. The updated forecasts from the inflation report are somewhat more bullish on growth, which...
