The weakness around the sterling is gathering traction on Wednesday, dragging the GBP/USD to fresh low near 1.7020. Spot is retreating for the third consecutive week so far, retracing the upside to multi-year tops in levels just shy of 1.7200 the figure. Today’s BoE minutes disappointed GBP bulls, pouring cold...
EUR/USD is under pressure on Wednesday, as the pair trades in the mid-1.34 range in the European session. The euro has slipped to its lowest level since November, and has slipped over 200 points in July.
The pound fell back this morning after the Bank of England’s last policy meeting minutes revealed the MPC was a lot less hawkish than some had anticipated. For example, there were warnings that the...
In his speech at the Commonwealth Games Business Conference in Glasgow, BoE head Mark Carney said that the UK economy was normalizing but that the central bank didn't have any "preset course" toward...
The "reach for yield" continues on a global basis. With volatility low and complacency high, investors continue to plow cash into emerging markets, high-yield (junk) bonds and leveraged loans.
Valeria Bednarik – EUR and GBP keep the daily lows with US opening, stocks at highs limit safe havens rallies.
GBPJPY expect a reversal soon by EWM Interactive
Gold Flat As Markets Eye US Housing, Employment Data by MarketPulse
And that ladies and gents is what is going on right now - As we sit in the morning sun - we take it all in...
The Australian dollar has had an uneventful summer so far, as AUD/USD trades at high levels. The RBA continues...
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