Tag Archives: GBP
Mid-Day FX Market Analysis
USD: The Dollar has followed through on yesterday’s strong rally with moderate gains this morning,
UK trade balance rises less-than-expected
A report released on Friday showed that UK goods trade deficit narrowed to 9056 million pounds in March from 9165 million pounds in February.
US Morning Update
Major headlines: – Spain sells a total of EUR4.57bln in 2016 and 2018 paper, above the planned 3.5bln – R4.5bln range – UK industrial production rises 0.7% m/m in March, above the 0.2% consensus
Mid-Day FX Market Analysis
USD: The Dollar has kept fairly close to unchanged levels in what has been a subdued overnight trading session,
BoE meeting centre stage today
Attention turns to the UK with the May MPC meeting centre stage. A “no change” decision is widely expected today, although the decision is probably “live”.
US Morning Update
The morning session in London today – amidst mixed euro area data flow – kept to the general theme of tighter EMU bond spreads and a buoyant EUR alive and well.
Mid-Day FX Market Analysis
USD: The Dollar has once again come into a morning trading session under moderate pressure,
Mid-Day FX Market Analysis
USD: The Dollar is finding moderate pressure this morning, but is still holding onto a sizable portion of yesterday’s mid-day rally.
Join the USD bulls but patience required
Some six years after the global financial crisis began, when the US housing bubble burst, global central banks are still easing monetary policy.
Bank of England preview
– We expect the Bank of England (BoE) to remain on hold at Thursday’s Monetary Policy Committee (MPC) meeting (13:00 CET).
US Morning Update
– With Tokyo shut, Asia had a very quiet session. RBA comments had little impact on the Aud, but weaker than expected Chinese PMI figures put some pressure on this currency later on.
US Market Preview
USD: The Dollar was able to shake off overnight pressure and post a modest gain this morning, although trading has been fairly subdued after last week’s significant volatility.