Forex Analysis


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GBP/USD: Sterling trades below 1.2800 after mixed UK jobs report

The GBP/USD trades below 1.2800, balanced on the day. UK unemployment surprised with a drop to 4% but other figures were mixed. The Turkish crisis somewhat eased but it's far from being resolved. 

GBP/USD News

USD/JPY: sellers capping advances around 111.20

Easing risk aversion has helped the USD/JPY pair recover up to 111.14, although the pair retreated from such high, now struggling to retain the 111.00 mark. The dollar, in the meantime, remains the strongest across the FX board, not far from its recent yearly highs against its high-yielding rivals. 

USD/JPY News

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