Tag: GBPUSD
USD Dominates – 200 day moving averages coming into play
GBPUSD, Daily
Markets price in 5% peak rate for the BOE. Market pricing suggests that traders expect the bank rate to reach 5% by November....
Market Update – February 15 – CPI Data Done – Retail Sales Next
US CPI DATA provided a real mixed bag. Monthly data higher & annual data lower to 6.4% from 6.5% but missed expectations of 6.2%. A...
US CPI – A Mixed Bag, Proving Sticky & FEDSpeak remains “Higher for Longer”
US headline CPI climbed 0.5% in January, with the core up 0.4%, both exactly as expected. Those follow respective gains of 0.1% and 0.4%...
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week
Dollar
The Dollar finds itself...
A Decisive FOMC Today Could Be Bad For BoE Tomorrow
Like the ECB, the BoE seems increasingly spooked by the risk of second round effects, against the background of a labor market that is...
GBPUSD – All Eyes on the Fed and the BOE
GBPUSD (D1)
GBPUSD fell to near 1.2200 after failing to break above resistance at the 1.2300 level, and currently sits at 1.2270, as market sentiment...
