Tag Archives: GBP
Credit Suisse: FX Analysis
USD: Bullish. As the Fed continues to taper, we expect many EM currencies to gradually come under pressure,
GBP Mid-day Analysis
The Pound has held together despite news of a noted slide in UK inflation figures.
UK: May inflation lower than expected
CPI fell by 0.1% m/m in May pushing inflation down to 1.5% y/y, clearly below expectations.
GBP Mid-day Analysis
The Pound continues to win by default but hawkish comments from the BOE and weak inflation datafrom the Euro zone highlight a classically bullish fundamental setup for the Pound.
Leveraged Funds’ Bet Against EUR Highest Since May 2013
The following are the key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 10 June.
The Week Ahead in FX
In the week ahead, investors will be focusing on the outcome of Wednesday’s Federal Reserve policy meeting, while Monday’s preliminary report on euro zone inflation will also be closely watched.
Weekly CFTC Trader Positioning Data
• This week there was a surge in bearish EUR sentiment while most other position changes paled in comparison.
GBP Mid-day Analysis
As we suggested earlier this week, the Pound is expected to remain in vogue because its economicrecovery is head and shoulders above other key economic zones.
GBP Mid-day Analysis
The Pound is back in favor and it seems to have definitively rejected a temporary retest of the 50 daymoving average down at 1.6790.
GBP Mid-day Analysis
With almost no competition from other currencies, stellar UK jobs news overnight and the Poundrecently off a noted month long corrective slide,
GBP Mid-day Analysis
Surprisingly the Pound is off balance this morning despite favorable UK economic data. UK economicdata on April manufacturing output rose +0.4% and
GBP Mid-day Analysis
The Pound has managed to respect its 50 day moving average in the wake of mostly positive US data,signs of strong Chinese exports and favorable German Export news.