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GBP & EUR Under Pressure

USD and JPY are in demand today as EUR and GBP remained pressured by weak data and Brexit uncertainty, respectively.     Stuart Cowell Head Market Analyst Disclaimer: This material...

BOE – No Change as the bank remains bound by Brexit

GBPJPY, H4 BoE left the repo rate at 0.75% and QE unchanged, as had been widely anticipated. The votes for both decisions were unanimous at...

The Pound – Volatile but Pressured

GBPUSD, H1 The Pound continues to underperform the Dollar, which has driven a modest loss in Cable, to the lower 1.2700s. Markets are bracing for...

Pound’s gains on Article 50 ruling

GBPJPY & EURGBP The main movers today have been the Dollar, which has declined concomitantly with Treasury yields as markets recalibrate the Fed policy outlook,...

BREXIT – Cable Gives Up 1.3000, Unsurprisingly

GBPUSD, H1 The UK Cabinet agreed the Brexit divorce document (all 585 pages of it)  following a 5 hour meeting. However, the agreement was "collective"...

Sterling blasé on data – Full attention on Brexit

GBPJPY, H1 & H4 Brexit: EU and UK negotiations are in the "endgame" according to British Prime Minister May late night in London. But, it's...

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