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The Bank of England's frenzy of emergency bond market support is rocking the currency market boat, leaving GBP/USD as one of the protagonists on FX.The Bank of England extended emergency support to...
A fresh batch of UK labor market data points to a turn for the worse, foreshadowing an economic slowdown sooner than in Europe or the USA. The claimant count in September rose by 25.5k after a nominal...
GBP/USD is trading quietly for a second straight day. In the North European session, GBP/USD is trading at 1.1035, down 0.18%.The pound has not posted a winning day since Oct. 12 and has lost 400...
European stock markets are poised for another weak open as much of Asia reopened on Tuesday to large declines.Asia is flashing red as it nears the close and Europe may be facing a similarly bleak day....
GBP/USD is down sharply today. In the North American session, GBP/USD is trading at 1.12101 down 1.11%. The pound continues to exhibit sharp volatility, with swings of over 1% every day this...
Equity markets have erased early gains to trade in the red on Thursday, as investors take a cautious approach ahead of Friday’s jobs report.The narrative in recent days of weaker data being...
Stock markets recovered earlier losses on Monday and are adding to that in early trade on Tuesday, with Asia also posting strong gains.The turnaround in risk appetite appears to have been driven by...
GBPUSD has gained more than 10% over the last six days, continuing the bounce off the record low of 1.0325.Technical oscillators reflect the recent bullish bias as the pair is advancing above the...
The GBP/USD started October on a positive note, extending its bounce from a record low and posting its fifth gain in a row after the U.K. confirmed a fiscal policy U-turn. In the meantime, the...
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