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GBPAUD Moves in a Bounded Range

Markets assume the Bank of England (BoE) will accelerate the pace of interest rate cuts which will weaken the Pound, whilst the Australian Dollar...

Gold Pulls Back from All-Time Highs, But What is the Longer Term Outlook?

European PMI data for Services and Manufacturing sectors again fall and indicate further pressure within the European markets. The Pound declines as dovish...

GBPAUD: UK Services PMI at eight-month low in September

Following the publication of a significant improvement in the UK PMI for September, there was a significant slight increase in the value of the...

Australian Crosses post CPI & GDP

The Australian Dollar outperformed its peers as momentum picked up, after the US Dollar exchange rate fell from recent highs. The GBPAUD pair reached...

Market Update – February 9 – FedSpeak supports USD, but the Bard bombs

FEDSpeak - in virtual union about higher rates (along with Dimon "too early to declare victory vs. inflation") - Fed Funds terminal rate now...

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