GBPJPY Close to New 2023 High as Bears Appear Powerless
GBPJPY is trading higher again today, registering its fifth consecutive green candle. The bears tried […]
EURGBP Downward Trend Might Not Have Run Its Course
EURGBP is edging higher today, battling with the 0.8635 level again. The aggressive sell-off from the […]
British Pound Flat on Light Data Calendar
US inflation expected to rise to 3.3% UK GDP projected to fall to 0% Fed […]
GBPUSD Stays Resilient Above Crucial Support
GBPUSD closed higher than its 50-day SMA and the resistance trendline from October 2022 on […]
GBP/USD Struggles While EUR/GBP Aims Higher
GBP/USD is struggling to gain pace above the 1.2800 resistance. EUR/GBP is rising and might […]
Market Awaits Clear Direction Amid Market Lull
As we are now in the traditional summer quiet period, market activities appear largely subdued, […]
Dollar Dominates Amid Bond Market Turbulence; Sterling and Commodity Currencies Lag
Last week ended with Dollar taking center stage as the best performer, driven by significant […]
Labor Market Data May Send The USD Down
To properly examine the likely outcome of the Labour data release and the NFP (Non-farm […]
China Announced Several Measures to Rejuvenate Its Capital Markets
Markets And another sell-off in core bonds yesterday. US Treasuries underperformed, especially at the long […]
Global Bond Market Selloff Extends after BOE signals more tightening ahead
BOE rate hike odds for the September 21st meeting stand at 87.3% The VIX index […]
GBPJPY Holds Near Highs Amid Weakening Bullish Bias
GBPJPY has been consolidating over the past month after reaching a 7½-month high of 183.99 […]
Bank of England Review – We Stay Negative on GBP with BoE Nearing Peak
In line with our expectation, the BoE today hiked the policy rate by 25bp, bringing […]