Fundamental Outlook: GBP/USD
During the Asia-Pacific session, the focus was once again on GBP with reports stating that UK Prime Minister May has accepted that parliament should be allowed to vote on her Brexit proposals. This has helped alleviate some of the concerns surrounding the impending Brexit where Article 50 and the official exit negotiations are due to start in March 2017.…
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Fundamental Outlook: GBP/USD
During the Asia-Pacific session, the focus was once again on GBP with reports stating that UK Prime Minister May has accepted that parliament should be allowed to vote on her Brexit proposals. This has helped alleviate some of the concerns surrounding the impending Brexit where Article 50 and the official exit negotiations are due to start in March 2017.…
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Fundamental Outlook: GBP/USD
During today’s London session BoE’s Shafik reiterated the possibility of further stimulus measures which initially resulting in GBP weakness however this has since been pared.
Risk sentiment has once again improved following reports of Deutsche Bank selling Abbey Life for $1.2 bln, easing concerns over Deutsche Bank’s lawsuit in the US.…
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Fundamental Outlook: GBP/USD
During today’s London session BoE’s Shafik reiterated the possibility of further stimulus measures which initially resulting in GBP weakness however this has since been pared.
Risk sentiment has once again improved following reports of Deutsche Bank selling Abbey Life for $1.2 bln, easing concerns over Deutsche Bank’s lawsuit in the US.…
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Fundamental Outlook: GBP/USD
There was no tier 1 data or news of note during the Asia-Pacific session. There has however been a notable improvement in risk sentiment with equities and commodities overall in positive territory, consequently AUD, NZD, and CAD have all remained well supported.…
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Fundamental Outlook: GBP/USD
There was no tier 1 data or news of note during the Asia-Pacific session. There has however been a notable improvement in risk sentiment with equities and commodities overall in positive territory, consequently AUD, NZD, and CAD have all remained well supported.…
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Fundamental Outlook: GBP/USD
During the Asia-Pacific session Chinese Industrial Production and Retail Sales data beat estimates at 6.3% and 10.6% versus expectations of 6.1% and 10.1% respectively. Overall price action remained choppy with no clear direction in most pairs along with a mixed picture in equities following the change in risk sentiment in yesterday’s New York session.…
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Fundamental Outlook: GBP/USD
During the Asia-Pacific session Chinese Industrial Production and Retail Sales data beat estimates at 6.3% and 10.6% versus expectations of 6.1% and 10.1% respectively. Overall price action remained choppy with no clear direction in most pairs along with a mixed picture in equities following the change in risk sentiment in yesterday’s New York session.…
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Fundamental Outlook: GBP/USD & NZD/USD
During the Asia-Pacific session the main data released was CPI data from Japan. CPI missed estimates across the board with Tokyo CPI Ex Fresh Food & Energy y/y declining to 0.1%, its lowest reading since 2013.…
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Fundamental Outlook: GBP/USD & NZD/USD
During the Asia-Pacific session the main data released was CPI data from Japan. CPI missed estimates across the board with Tokyo CPI Ex Fresh Food & Energy y/y declining to 0.1%, its lowest reading since 2013.…
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Fundamental brief overview
GBP/USD slides as the BOE lowered interest rates for the first time since 2009, from 0.50% to a historic low of 0.25%. The BoE has also expanded its asset-purchase program for the first time since July 2012, from GBP 375 billion to GBP 425 billion pounds. …
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Fundamental brief overview
GBP/USD slides as the BOE lowered interest rates for the first time since 2009, from 0.50% to a historic low of 0.25%. The BoE has also expanded its asset-purchase program for the first time since July 2012, from GBP 375 billion to GBP 425 billion pounds. …
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Fundamental brief overview
U.K. manufacturing PMI disappoints further, causing a temporary fall in GBP/USD. The seasonally adjusted Markit/CIPS PMI in the United Kingdom fell to 48.2 in July 2016 from 52.4 in June and below the earlier flash estimate of 49.1.…
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Fundamental brief overview
U.K. manufacturing PMI disappoints further, causing a temporary fall in GBP/USD. The seasonally adjusted Markit/CIPS PMI in the United Kingdom fell to 48.2 in July 2016 from 52.4 in June and below the earlier flash estimate of 49.1.…
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