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(EUR)OPE vs (GBP)OUND

The UK government is disappointed, with Downing Street sources cited by the Guardian saying that the decision by EU fisheries ministers not to change...

Cable slips a whole big figure

GBPUSD, H1 Cable posted a two-day low at 1.2504, which is down by over a big figure from the one-month high that was seen yesterday...

Sterling mixed as key month starts

GBPUSD, H1 The final May UK manufacturing PMI was revised fractionally higher, to 40.7 from the preliminary estimate of 40.6. This marks an improvement from...

FX Update – May 26 – US Open

USDJPY, H1 The Dollar and Yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USDIndex (DXY) dipped by...

Housing Data & Testimonies in-focus

USDJPY, H1 US housing starts fell -30.2% to a 0.891 mln pace in April that was weaker than assumed. Yet, building permits fell by -20.8%...

May 19 – UK Jobless Rises & German ZEW Preview

GBPUSD & EURGBP, H1 UK labour market data revealed a massive 856.5k spike in jobless claims in April, reflecting the impact of the lockdown, while...

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