Forex Analysis


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GBP/USD: Sterling settles above 1.2700 with a 14-month low at sight

Sterling is trading little changed at above 1.2700 level after falling as low as 1.2666, the lowest since June 22 on Wednesday. While Sterling leaped to 1.2744 high on Thursday, the sluggish session overnight saw it slipping lower again with 1.2700 support. The set of UK macro data were unable to support Sterling from further fall this week.

GBP/USD News

USD/JPY: US Dollar slips to mid 110.00s as US opens currency talks with China

The US Dollar is trading 0.3% lower against the Japanese Yen at around mid 110.00s as the US said to press China to lift Yuan in trade talks in late August.

USD/JPY News

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