Tag Archives: GBP
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
A respite for the US dollar
USD: slightly firmer The DXY dollar index firmed slightly to 80.55 this week, helped by the Democrats and Republicans resuming talks over the US budget.
FX Daily Strategist: US
UK data losing its shine – GBP vulnerable to further downside UK industrial and manufacturing production data disappointed expectations this morning by falling 1.1% and 1.2% m/mrespectively.
FX Daily Strategist: Europe
Yellen nomination and FOMC minutes provide some distraction from fiscal drama The financial press overnight announced that President Obama will today nominate Vice Chairman Yellen to replace Bernanke in the New Year.
G10 Macroprudentials and FX implications
For much of the past 3-4 years, our quarterly Currency Strategy has recommended small, fundamentally strong peripheral G10 currencies at the expense of their money-printing G4 counterparts.
Bearish signs for €/$ and £. NOK/SEK higher
Some very interesting developments took place Friday creating possible turnaround patterns in EUR/USD, CABLE, EURGBP, NOKSEK.
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
FX Daily Strategist: Europe
USD vulnerable as shutdown drags on The US Federal government shutdown continues with the meeting of congressional leaders in the
Sterling’s not at home
We’re not convinced recent UK house price rises will mean a stronger pound. The recovery has taken place almost exclusively in London and its south eastern commuter belt.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report, for indications on whether the economic recovery is sufficiently strong for the Fed to
Weekly CFTC Trader Positioning Data
• The market is adding to FX risk and slowly shifting to a more bearish USD stance. There is now a large long EUR position and large short JPY and AUD holdings;
US Morning Update
Major Overnight Headlines • UK Index of Services up 0.5% on a 3m/3m basis (0.6% expected); YoY growth in finance services still negative