Tag: GBPUSD
BoE aftermaths and Cable
There was no real surprise from the BoE this week, although those looking for a clear signal that additional easing measures are underway and...
FX Update – Ahead of NFP, USD finds a bid
The narrow trade-weighted USDIndex (DXY) posted a two-day high at 93.16, extending the rebound from the 27-month low seen yesterday at 92.53. EURUSD concurrently...
Sterling Bid following BOE
GBPUSD, H1
The Pound has outperformed on the BoE's guidance, which gave a cautiously optimistic take on the outlook, stating that the lockdown-induced downturn is...
FX Update – August 4 – USD slips
The Dollar has been ebbing moderately lower into the London interbank open, though has largely remained above lows seen on Monday. The USDIndex (DXY)...
Sterling Storms On
GBPUSD, H1
Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers...
FX Update – July 31 – Dollar Down Again
USDIndex, Monthly
The Dollar continued lower in what is now the biggest monthly decline the US currency has seen in a decade. The narrow trade-weighted...
