Tag: Cable
BoE: In A Pretty Protracted Recession?
The BoE is facing a very difficult situation, and while the recession may not be quite as bad as feared initially, it will likely...
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...
Market Update – October 11 – Risk Off – Gilts lead Yields & USD...
USDIndex – Rallied again (113.40) as US moves to curb US chip technology to China hit Chinese hi-tech companies. UK GILTS lead US...
Market Update – October 6 – USD & Stocks Flat, Oil Rallies
USDIndex – Rallied from a test of 110.00 peaking at 111.50 following weak Services PMI data in UK & Europe, and a beat...
Market Update – July 29 – Stocks up, USD lower on final trading day...
USDIndex sinks again tanked to 105.75, from 106.80. The US is in a technical recession (2 consecutive quarters of contraction) after Q2 GDP -0.9%...
Cable rolls over & consolidates
GBPUSD, Daily
GBPUSD has lifted to 1.3636 during the European morning, but remains within yesterday's range and has tested the key 1.3600 level. The rise...
