Tag: GBPUSD
GBPJPY: PMI Data Lifts Sterling
Sterling consolidated its gains above the 1.2500 mark against the US Dollar and stayed above the 200-day EMA in Thursday's trading, amid quiet liquidity...
Can CPI Data Save Sterling?
Sterling remained relatively stable, trading above the $1.22 level last week, as UK economic growth levelled off in Q3 2023, surpassing expectations of a...
Rates differential: flat – GBPUSD
The inflation rate - at least the headline rate - which has fallen sharply in the last four reports (from 10.1% in March to...
GBPUSD: UK Inflation in the Spotlight
Another significant economic report for Sterling is the CPI inflation rate for June, which will influence the BOE's decision on whether to raise interest...
Market Update – May 12 – USD Holds on to Gains, Stocks Mixed
The USDIndex rallied to 101.95 as the cooler PPI (3.2% vs 3.4%) and Weekly Claims (264k vs. 245k) readings yesterday added to talk that the...
Market Update – May 11 – BOE & Sterling In Focus Following US CPI
The USDIndex tanked to 101.00 following the cooler CPI reading yesterday and remains pressured as yields also tick lower following gains yesterday. US Stocks closed...
