Tag Archives: GBP

GBP Mid-day Analysis

The Pound continues to erode on its charts with a fresh lower low for the move overnight. Data from the CBI on June retail sales volumes in the UK adds to

GBP Mid-day Analysis

The Pound bulls have to be extremely discouraged by the action in the Pound over the last 4 tradingsessions,

Oil Price Risks In Major Currencies

The outlook for oil prices have moved on to investors driven by potential supply disruptions as tensions rise in Middle East.

GBP Mid-day Analysis

The inability to forge a higher high in the Pound hints at a loss of upside momentum.

Weekly Leveraged Funds Positioning Data

Net EUR position stayed relatively constant for the first time since the start of May when the ECB President hinted of a rate cut that materialised in the 5 June ECB meeting.

The Week Ahead in FX

In the coming week, the U.S. is to release data on consumer confidence, durable goods orders and home sales. Preliminary data on manufacturing activity from China and

FX Quant Fund Positioning Data

The Societe Generale FX Enhanced Risk Premia strategy has kept its pro-risk positioning over the week.

Weekly CFTC Trader Positioning Data

• Central banks and geopolitics appear to have driven this week’s shifts in sentiment, specifically investors’ reactions to the BoE Mansion House speech, developments in Iraq, and positioning ahead of Wednesday’s Fed.

GBP Mid-day Analysis

While the Pound hasn’t technically forged a fresh higher high overnight it remains within close proximity to

GBP Mid-day Analysis

The Pound clawed out a fresh higher high overnight and managed that action in the face ofdisappointing UK retail sales results.

Credit Suisse: GBP View

The UK provides an encouraging template of the tradable opportunities that arrive where growth and/or inflation develops sustained momentum, notes Credit Suisse.

GBP Mid-day Analysis

The Sept Pound has already been through a roller-coaster ride this morning as a post-BOE meetingminutes rally was quickly rejected with a move down into negative territory.