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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...
US market rates fell after the Federal Reserve decision but this looks more like a market positioning effect than anything specific from the meeting. Expect some retracement. Both the European Central...
US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...
FX markets were largely in a consolidation phase last week, partly due to holidays in the Asia Pacific region and a lack of Tier 1 data throughout the week. Further contributing to price action in...
The British pound is testing the $1.2400 level this week, above which it failed to consolidate in the middle of last month. The GBP/USD has not traded consistently higher since last June. Looking at...
The British pound has posted slight gains on Tuesday. In the European session, GBP/USD is trading at 1.2302, down 0.60%.UK Debt Hits RecordUK debt costs soared in December, sending the budget deficit...
UK retail sales fell by 1% in December, excluding fuel by 1.1%. The data surprised analysts who had, on average, expected an increase of 0.5% last month. Sales were 5.8% lower than in the same month a...
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