Tag: POUND
Two weeks after…..
GBPJPY
On July 3rd we wrote:
Another pair that hit 6-month low was GBPJPY, which is currently trading at 135.38. The asset seems to be...
BoC ahead but focus on Powell
BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...
Pro-no-deal-Brexit Johnson & Sterling
Brexit: There continues to be a dearth of anything approaching what might be called a substantive development. But there are signs of what the...
Pound breaks last week’s band
Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...
GBP vaulted upwards – Could this be sustained?
EURGBP
Sterling vaulted higher on the perky UK wage data, which prompted interbank and short-term speculative participants to put a squeeze on short positions, especially...
GBPCHF: Brexit VS Endless “War” messages
Sterling has hit fresh trend lows against the Dollar, Euro and Yen, among other currencies. EURGBP buying has been the latest focus of Pound...
