Tag: GBPUSD
FX Update – August 13 – Weaker Dollar & Stronger Sterling
The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the...
FX Update – August 12 – US Inflation Rises Again
EURUSD, H1
The July CPI report sharply beat estimates with gains of 0.6% for both the headline and core, following respective June gains of 0.6%...
FX Update – August 11 – Risk On Vibe?
USDIndex, Daily
The narrow trade-weighted USDIndex edged out a one-week high at 93.71, making this the third consecutive trading day a higher high has been...
BoE aftermaths and Cable
There was no real surprise from the BoE this week, although those looking for a clear signal that additional easing measures are underway and...
FX Update – Ahead of NFP, USD finds a bid
The narrow trade-weighted USDIndex (DXY) posted a two-day high at 93.16, extending the rebound from the 27-month low seen yesterday at 92.53. EURUSD concurrently...
Sterling Bid following BOE
GBPUSD, H1
The Pound has outperformed on the BoE's guidance, which gave a cautiously optimistic take on the outlook, stating that the lockdown-induced downturn is...
