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Bailey boosts Pound!

BoE's Bailey remains sceptical on negative rates. The central bank Governor said that the resurgence of Covid-19 cases leaves the economy in a difficult...

FX Update – December 14 – Sterling gaps higher, USD & Yen lower

GBPUSD, H1 The Pound has rallied by over 1% against the Dollar and Yen, and by nearly 1% against the Euro. This comes with the EU...

FX Update – November 12 – Sterling Pressured, JPY in Demand

GBPJPY, H1 Some reversal in recent positioning themes has been seen, with the dollar bloc and Pound softening against the Dollar, and the Yen outperforming...

Sterling Holds to the Upside, PMIs disappoint

GBPUSD, H4 The Pound is trading neutrally, rebounding from a two-day low at 1.3051 in the case against the Dollar but struggling with 1.3100. While...

Sterling Stronger to Start the Week

GBPUSD, H1 Sterling is firmer, with Cable having lifted above 1.2900 and 1.3000 to peak at 1.3015 (R2) as USD weakens to start the week....

FX- Update October 14 – Sterling in the cross-hairs again

GBPUSD,H1 The Pound was under pressure earlier and was showing about a 0.5% decline on the day against the Dollar and Yen, and about a...

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