Tag: GBP
Market Update – February 9 – FedSpeak supports USD, but the Bard bombs
FEDSpeak - in virtual union about higher rates (along with Dimon "too early to declare victory vs. inflation") - Fed Funds terminal rate now...
BoE: In A Pretty Protracted Recession?
The BoE is facing a very difficult situation, and while the recession may not be quite as bad as feared initially, it will likely...
Market Update – October 24 – Mixed China Data, Sterling Rallies, Yen Whipsaws
USDIndex – Spiked down to 111.30 following more BOJ intervention as the JPY whipsawed and GBP rallied following the news that Boris Johnson...
Market Update – October 14 – Wild, Wild Swings following US CPI, Risks in...
USDIndex – Spiked to 113.80 following hot reading for CORE CPI and then reversed sharply into 112.20 as Stocks staged a record reversal...
Market Update – October 12 – London still the centre of the storm
USDIndex – Dipped to 112.50 yesterday before reversing to 113.40, & 113.00 now. The UK's new fiscal policy remains squarely under threat as...
Market Update – October 7 – NFP Day – USD Remains on the Front...
USDIndex – Rallied again yesterday and trades over 112.00 (up 1.85% in 2-days) currently. The chorus of Fedspeak (Cook, Evans, Kashkari, Waller &...
