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More Stress for Sterling

GBPUSD & EURGBP, H1 Sterling came under pressure from the London open, pressing lower against both the Dollar and Euro, among other currencies. Cable turned...

Better UK data & Cable rejects 1.2500

GBPUSD, H1 The preliminary June UK composite PMI recovered much more than expected, rising to a headline reading of 47.6, which is a four-month peak,...

FX Update June 22 – A wobble to start the week

GBPUSD, H1 The risk-sensitive currencies rebounded from early losses, as stocks in the Asia-Pacific region lifted out of early losses for the most part, while...

The Pound Pummeled Again

EURGBP & GBPUSD The Pound remains on a weak footing, ebbing lower versus the Euro today, though so far remaining above the three-week lows it...

Sterling Slips Ahead of BOE

GBPUSD, H1 Sterling has taken a rotation lower into the BoE announcement, with the currency racking up losses of over 0.4% against the Dollar and...

FX Update – June 17 – USD, JPY & European Stocks Firm Up

USDJPY, H1 The Dollar and Yen nudged higher against most other currencies amid a backdrop of global stock markets that have lost upside momentum. Equity...

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