Tag: GBPUSD
FX Update – May 26 – US Open
USDJPY, H1
The Dollar and Yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USDIndex (DXY) dipped by...
Housing Data & Testimonies in-focus
USDJPY, H1
US housing starts fell -30.2% to a 0.891 mln pace in April that was weaker than assumed. Yet, building permits fell by -20.8%...
May 19 – UK Jobless Rises & German ZEW Preview
GBPUSD & EURGBP, H1
UK labour market data revealed a massive 856.5k spike in jobless claims in April, reflecting the impact of the lockdown, while...
Update May 18 – Stocks, Oil & Gold all bid
GBPUSD, H1
The commodity currencies have traded firmer concomitantly with a rise in stock markets, which have posted moderate gains in Asia-Pacific markets and had...
US Retail Sales Crater & Empire State Improves
USDJPY, H1
US retail sales plummeted another -16.4% in April and dropped -17.2% excluding autos, to all-time lows. The April data picked up much of...
FX Update – May 13 – Sterling Struggling
GBPUSD & EURGBP, H4
The Pound has been unaffected by dismal UK data, with markets long since desensitized to bad economic figures, which, as the...
