Tag: GBPUSD
Cable collapses a full point plus
GBPUSD, H1
The UK's final composite PMI was revised lower to 36.0 from 36.4 in the preliminary estimate, marking a sharp drop from the pre-coronavirus...
FX Update – Sterling Soft & CADJPY – A Perfect Storm
GBPUSD & CADJPY, H1
Cable is softer today after last week’s rally. The pair posted a 17-day high at 1.2486 on Friday, which was the...
FX Update – 27 March 2020
USDJPY, H1
The Dollar declined and then recovered some of its losses, which saw the narrow trade-weighted USDIndex print a nine-day low at 99.15 before...
US Claims – 26 March – Video Analysis
US Claims
3.283 million new unemployed in a single week - Massive new record, previous biggest weekly claim was Oct 1982 - 0.695 million. How...
Durable Goods bounce but what’s next?
GBPUSD, H1
The 1.2% February US durable orders bounce beat estimates thanks to a 4.6% transportation gain, though orders ex-transportation fell -0.6% to modestly undershoot...
European FX Update – 20 March 2020
Interventions and the threat of interventions has seen the dollar soften while commodity and many developing world currencies have rebounded strongly following a period...
