Tag: GBPUSD
US CPI – A Mixed Bag, Proving Sticky & FEDSpeak remains “Higher for Longer”
US headline CPI climbed 0.5% in January, with the core up 0.4%, both exactly as expected. Those follow respective gains of 0.1% and 0.4%...
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week
Dollar
The Dollar finds itself...
A Decisive FOMC Today Could Be Bad For BoE Tomorrow
Like the ECB, the BoE seems increasingly spooked by the risk of second round effects, against the background of a labor market that is...
GBPUSD – All Eyes on the Fed and the BOE
GBPUSD (D1)
GBPUSD fell to near 1.2200 after failing to break above resistance at the 1.2300 level, and currently sits at 1.2270, as market sentiment...
Market Update – December 9 – Stocks Recover, USD Weaker, PPI Data Ahead
The USD Index is down at 104.55 for a 3rd day in a row. Wall Street rebounded with the US500 +0.75% (3963) gain...
USDIndex back to 105.00 following Weekly Claims
USDIndex, H1
US initial jobless claims edged up 4k to 230k in the week ended December 3 following the -15k drop to 226k in the...
