Tag Archives: GBP
GBP Mid-day Analysis
Weekend predictions that the UK economy would accelerate in the months ahead has combined withsome positive global equity market action for a fresh new high in the Pound.
Leveraged Funds’ Bet Against USD At Highest Level Since Jan 2013
Leveraged funds have increased their net short positions against the USD to their highest level since January 2013.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. jobs report for April and the outcome of the Federal Reserve’s two-day policy meeting on Wednesday.
GBP Mid-day Analysis
While UK economic data has been supportive this week, some traders are suggesting that the Poundhas already factored in strong data and the Pound might need to avoid economic drag from additive Russian sanctions to
GBP Mid-day Analysis
Even the Pound has failed to benefit from positive headline flow overnight. In fact, seeing the UK CBIretail sales volume virtually explode to a +30 reading from a +13 reading in
GBP Mid-day Analysis
The Pound is under some liquidation pressure in the wake of slack Chinese economic data and lessthan stellar US economic activity. In other words, the trade could not
GBP Mid-day Analysis
Apparently economic news flow is positive enough for the Pound bulls to regain control. Reports of aChinese bank reserve requirement easing move overnight,
GBP Mid-day Analysis
The Pound remains in an upward track on its charts and it would also appear as if the Pound isgenerally in favor off hopes that US data later this morning will serve to improve macro-economic sentiment.
Westpac: What To Buy & What To Sell This Week?
Westpac G10 FX model portfolio opens a decent long USD exposure for the week ahead, triggered by a long USD signal from its US surprise index model.
The Week Ahead in FX
In the week ahead, market watchers will be focusing on U.S. data on housing and manufacturing activity, while manufacturing data from China will also be closely watched.
GBP Mid-day Analysis
While the Dollar can’t seem to catch a bid off decent data, the Pound appears to be able to rally onmarginally favorable developments. With a fresh upside breakout on
Does demand or the deficit tip sterling scales?
The outlook for sterling is finely balanced between two countervailing forces.On one hand, there is plenty of room for the market to price a more aggressivehiking cycle.