Tag: GBPUSD
Politics Undermining Sentiment
Risk Aversion still holds sway in the markets as political and legal ramifications are absorbed, Equities remain weak and Gold in demand.
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Weak EZ PMI data weighs on risk
Preliminary Eurozone PMI readings for September showed a marked contraction in manufacturing activity and a sharp slowdown in services sector growth that left the...
Friday the 13th – A Brexit Update
GBPUSD, H1
Political wranglings continue over the ruling of a Scottish court that Prime Minister Johnston's "proroguing" (shutting down of Parliament for a period) was...
UK Earnings skewed by stockpiling
Strong UK Earnings numbers help Sterling as Cable holds 1.2320 and EURGBP dips below 0.8950, however a "stockpiling effect" ahead of Brexit skews the...
Weak Manufacturing weighs on GBP
GBPUSD, H1
The UK's August manufacturing PMI underwhelmed at 47.4 in the headline reading, which is an 85-month (7 year) low. The median forecast had...
FX Action | 30 August
GBPSterling is moderately down from week-ago levels versus the Dollar and Euro, which is a consequence of the news that UK Prime Minister Boris...
