Tag: GBPUSD
Durable Goods bounce but what’s next?
GBPUSD, H1
The 1.2% February US durable orders bounce beat estimates thanks to a 4.6% transportation gain, though orders ex-transportation fell -0.6% to modestly undershoot...
European FX Update – 20 March 2020
Interventions and the threat of interventions has seen the dollar soften while commodity and many developing world currencies have rebounded strongly following a period...
BOE lowers again and adds more QE
GBPUSD, H1
The BOE lowered rates to 0.10%. The BOE says it will increase holdings of government bonds (new QE). The vote was unanimous. It...
Live Market Analysis – March 19 2020 – More USD Bid
As Cable trades at 35 year (1985) lows, the Aussie at 18 year lows and the Kiwi at 12 year lows, USD demand remains...
Live Analysis – March 17 2020 – USD on Bid
Talk of more stimulus from the US Government generates a spurt of USD buying as EURUSD breaks 1.1000, Cable moves under 1.2100 and AUD...
Central Banks – Race to the Bottom – Again?
GBPUSD, H1
The latest Central Bank to act (in another surprise and unscheduled announcement) is the Bank of England. The BoE slashed rates by 50...
