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Cable is trading at the lows after UK CPI data softened more than expected, to 1.7% y/y as figures showed yesterday. his gives the Bank of England room for more rate cuts, potentially weakening Cable...
The British pound fell below the 1.30 level against the US dollar after weak inflation data across indicators. This sent the pound to a two-month low on speculation that the Bank of England will cut...
The British pound has finally showed some movement on Wednesday after a week of limited movement. In the European session, GBP/USD is trading at 1.2992, down 0.62% on the day. The pound fell below...
Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML (NASDAQ:ASML) booked about half of the orders pencilled in by analysts last...
The British pound has been showing limited movement for over a week. In Tuesday’s North American session, GBP/USD is trading at 1.3086, up 0.13% on the day. UK inflation expected to decline to...
Euphoria in US assets, stock indices reach new highs Today's Fed speakers could threaten Monday’s gains Oil and gold in the red, bitcoin enjoys a strong boost Pound ignores jobs data, awaits...
GBP/USD stays directionless near September’s base Technical signals cannot warrant an upside reversal GBP/USD faced mild selling pressure but held its footing above September’s floor of...
The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s a busy...
China announces more stimulus details but no word on size of package Attention turns to week’s other events as stocks unimpressed Euro and pound flat as ECB decision and UK CPI awaited China...
ECB meets on Thursday; markets expect a 25bps rate cut Lots of reasons for a pause, including the lack of staff projections But the ECB might choose to avoid disappointing the markets The euro could...
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