Tag: GBPUSD
Robust UK Composite PMI report lifts Sterling
GBPUSD, H1
The UK's final May composite PMI was unexpectedly revised higher, to 62.9 from the preliminary estimate of 62.0. The headline is a new...
Sterling remains in demand
GBPUSD, Daily
The Pound has been slipping against most of the G10+ currencies. Cable yesterday broke step with EURUSD, with the latter declining while the...
Dollar Doldrums Continue
EURUSD, H1
The Dollar has tracked lower, which shouldn't be too surprising given the prevailing buy-in of the Fed's transitory narrative on inflation alongside the...
Market Update – May 18 – USD Sinks Again, Gold & Oil rally
Market News Today – USD remains weak (USDIndex down to 90.00). Equities closed down 0.25%; USA500 4163. Asian markets stronger. Commodities tear continues, GOLD tests $1870, USOil tests...
Cable & Inflation Outlook
GBPUSD, Daily
The UK economy is building up a head of steam and is on the road to fully reopening by mid June, in line...
GBPUSD – Narrowed above 1.4000 after a volatile week.
GBPUSD, H4
Last week the Bank of England (BoE) was the second central bank after the Bank of Canada (BoC) to have signaled a quantitative...
