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BOE – Sterling Stalls Again

GBPUSD, H1 BoE left the bank rate unchanged, and the asset purchase target was also left untouched at GBP 645 bln. After the bank slashed...

UK Manufacturing sours but is the floor in?

GBPUSD, H1 The UK's final April manufacturing PMI was revised lower to 32.6 from 32.9, tumbling from 47.8 in March. The final April versions of...

FX Update – April 27 – BOJ Obliges & Boris is Back

AUDJPY, H1 The Australian Dollar has outperformed while the US Dollar has underperformed amid a backdrop of rising stock markets in Asia. The narrow trade-weighted...

UK Data Dives & Sterling Outlook

GBPUSD, H1 & Weekly UK March retail sales dove 5.1% m/m, the largest decline in the series history. The data captured some of the impact...

Live Analysis & the Oil Market

Oil markets dominated not just the financial news headlines yesterday (April 20), with the May Futures contract for WTI closing the day negative for...

Finding GBPUSD Directions This Week

GBPUSD was flat last week and remains trading near the 1.2500 level. There was no significant data from the UK last week. The market was...

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