Tag Archives: GBP
GBP Mid-day Analysis
Seeing China tap on the brakes caught the Pound overvalued and technically overdone. Into theovernight high, the Pound was fully factoring positive Chinese lending data and ideas of less credit relatedheadwinds from China.
The Week Ahead in FX
In the week ahead, Japan is to release what will be closely watched data on fourth quarter economic growth. China is to produce preliminary data on manufacturing activity,
Weekly CFTC Trader Positioning Data
UPSIDE RISK FOR GBP • Markets were hesitant to build on existing positions and
GBP Mid-day Analysis
The Pound continues to streak higher on the charts as the macro economic differential edge has beenjoined by talk that the interest rate differential is set to expand.
GBP Mid-day Analysis
With a significant lack of competition from macro economic differentials and from interest ratedifferentials, the Pound wins by default. As in other currencies,
GBP Mid-day Analysis
Not surprisingly, the Pound is already into a full blown recovery move as global economic anxiety hasbeen partially replaced by global optimism and
UK: The end of threshold guidance
The long-awaited inflation report from Bank of England (BoE), which was followed by a press conference with Governor Carney, had no new thresholds for the unemployment rate.
Don’t fear Carney creep, follow the flow
Arguments over spare capacity and productivity may seem arcane, but they are important for currencies. Relative output gaps have done a good job of explaining sterling performance against the majors over the last two decades.
GBP Mid-day Analysis
The March Pound managed a fresh higher high for the move in the wake of generally up beat UK data,positive global equity market action and from “hope” that the Fed will at least hint at the potential for a pause intapering.
U.K. Economy Starting to Show Positive Signs
One of Britain’s top business lobbying organizations has upped its economic forecasts for the U.K., arguing that growth will be boosted by a hike in business investment and exports.
GBP Mid-day Analysis
The Pound was able to claw out a minimal higher high this morning on the charts, but weak US equitymarket action and fear of hawkish dialogue from the Fed Chairman on
The Week Ahead in FX
In the week ahead, Fed Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report in Washington. Her comments will be closely watched.