Tag: GBPUSD
FX Update – 8 September – Sterling STILL centre stage
GBPUSD, H1
The head of the UK government's legal department has quit, according to sources cited by the FT,¹ (paywall) who report that Sir Jonathan...
FX Update – September 7 – Sterling Centre Stage
GBPUSD, H1
A sleepy market was stirred by a drop in the Pound, prompted by reports, initially by the FT, that the UK government is...
Cable back to 1.3300, 1.3500 a step too far
GBPUSD, H4
The final UK August composite PMI was revised lower, to a headline of 59.1. This is quite a sharp revision from the 60.3...
Mixed Dollar as Risk aversion makes a comeback
Risk off trade dominated overnight after the disappointing FOMC minutes. US-China frictions are also rubbing the markets, though the two nations have again agreed...
US Housing Robustness Continues
GBPUSD, H1
US housing starts climbed 22.6% in July to a hefty 1.496 mln pace, much stronger than expected, after the 17.5% June surge to...
FX Update – August 18 – Dollar in the Doldrums
USDIndex, H4 & Monthly
The Dollar has continued to weaken, which pushed the USDIndex (DXY) to a new 27-month low at 92.30. EURUSD correspondingly rose...
