Tag Archives: GBP
Weekly CFTC Trader Positioning Data
• Shifting risk appetite, ISM-related concerns over the pace of US growth, and central bank-driven positioning were the key themes driving sentiment this week.
GBP Mid-day Analysis
Like the Swiss, the Pound has benefited from the modest improvement in overall macro economicsentiment this week. However, without a positive but not too positive US payroll result,
GBP Mid-day Analysis
With a BOE meeting seeing no change, traders might expect a bit of volatility to end this week. Certainlythe recent correction in the Pound has reduced the overbought status and it has also tempered the straight awayglobal recovery expectation.
GBP Mid-day Analysis
The Pound is under a liquidation watch as suspicion toward the pace of global recovery and in therecovery pace of the US, is calling into question the gains forged in the Pound over the last 3 months.
GBP Mid-day Analysis
Now that the correction has brought the Pound back to the lowest levels in nearly 2 1/2 months and thePound has shown the capacity to bounce, we have to think solid value has been found.
GBP Mid-day Analysis
Apparently the Pound is suffering because of generally positive economic data outside of the UK. Earlierin January it appeared as if the Pound was carving out a significant macro economic edge,
FX: When music stops…
With stock markets at crucial trend support levels, risk sentiment is at risk. Will good news be bad news for the USD?
The Week Ahead in FX
In the week ahead, investors will be keenly anticipating Friday’s U.S. nonfarm payrolls report for January after December’s report showed that the economy added far fewer jobs than expected.
Weekly CFTC Trader Positioning Data
• Risk aversion on the back of EM jitters drove a significant shift in currency positions this week. Investors shifts included short covering in JPY with increased long allocation to gold, EUR and GBP;
GBP Mid-day Analysis
Even the Pound has lost its edge this week, as the trade saw the Pound to be somewhat inflated off avery definitive macro economic vibe around the middle of this month.
GBP Mid-day Analysis
The Pound is sharply lower this morning despite news that UK Dec consumer lending rose to thehighest levels in 5 1/2 years. Perhaps some of the weakness in the Pound is the result of a rebound in sentimenttoward emerging markets and
GBP Mid-day Analysis
An inside day down on the charts, a lack of fresh UK data flows and the looming US Fed decision wouldseem to provide some pressure to the Pound. From the mid January lows,