Tag Archives: GBP
GBP Mid-day Analysis
The Pound seemed to anticipate disappointing UK February retail sales results and it would seem likethe Pound has seen some added pressure as a result of BOE comments overnight.
GBP Mid-day Analysis
Not surprisingly the Pound is out of favor in the wake of a deterioration of global macroeconomic views.At the root of the downside in global sentiment is slack Chinese export data,
The Week Ahead in FX
In the week ahead, rate announcements by the Bank of Japan and the Reserve Bank of New Zealand will be in focus. The U.S. is to publish what will be closely watched data on retail sales and consumer sentiment.
Weekly CFTC Trader Positioning Data
The net long USD position — at $13.7bn — narrowed for the fourth consecutive week but most positions remain relatively neutral, close to the median of the last 52-weeks.
GBP Mid-day Analysis
The Pound continues to behave like an equity market index. The Pound started its upward march lastJuly in the wake of signs of UK growth that in turn were seen after, the UK embraced austerity.
GBP Mid-day Analysis
The general track of the Pound remains up but the coming 36 hours of trade might present someheadwinds as news of a possible Crimean annexation to Russia have complicated the Ukrainian solution.
GBP Mid-day Analysis
News that UK service sector PMI came in slightly above expectations is supportive, but that was clearlycountervailed by evidence of deflation in shop prices from the British Retail Consortium for February.
GBP Mid-day Analysis
Since the Pound fell in the wake of the Ukraine flap, it might be poised to regain some positive footingdirectly ahead. Conservative traders might buy the March Pound on a slide to
GBP Mid-day Analysis
The bull camp in the Pound has to be discouraged this morning as the strongest mortgage approval ratein the UK since the sub prime crisis, a rise in UK consumer credit and
The Week Ahead in FX
In the week ahead, investors will be anticipating Friday’s U.S. nonfarm payrolls report for an indication of the strength of the recovery in the labor market.
Weekly CFTC Trader Positioning Data
The net long USD position — at $13.7bn — narrowed for thefourth consecutive week but most positions remain relatively neutral,close to the median of the last 52-weeks.
Forex Weekly Report
Low inflation is likely to persist longer Recently, the renewed optimism stemming from the burgeoning recovery in the Eurozone and