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USD: A delicate balance Another day and another piece of positive US activity data. Yesterday saw a strong January retail sales release. Though boosted by warmer weather, the data still positively...
The British pound steadied on Thursday. In the European session, GBP/USD is trading at 1.2053, up 0.25%. This follows a sharp drop of 1.2% a day earlier.UK inflation continues to fall but remains...
The British pound is sharply lower on Wednesday. In the European session, GBP/USD is trading at 1.2069, down 0.88%.UK inflation continues to fall, although it clearly has a long way to go....
A beautiful amount of volatility entered the market after releasing the US inflation data a few hours ago. Some large wicks presented in the GBP/USD, which eventually tested and rejected at 1.2121 to...
UK wage growth easesThe GBP/USD is slightly higher on Tuesday, as the markets digest today’s UK employment report. Wage growth rose by 5.9% in the October-December period, down from 6.5% and the...
It is prudent to examine the strength of the GBP/USD in the lead up to two very important inflation data reports. First is the US inflation data due on Wednesday. And second is the UK’s...
The British pound is in positive territory on Wednesday. In the European session, GBP/USD is trading at 1.2107, up 0.47%. The pound is recovering from a nasty slide of almost 400 points, dropping...
GBPUSD raised questions over its four-month-old positive trend after failing to print a new higher high above December's peak of 1.2445, subsequently crashing below two support trendlines.Despite the...
The British pound shows little movement on Friday after plunging 1.2% a day earlier. In the European session, GBP/USD is trading at 1.2210.Major central bank announcements have been in the spotlight...
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