Tag Archives: GBP/USD

Pound’s pay problem may not go away

Nothing is more important for the Bank of England right now than wages. The unemployment rate has reached the top end of

AUDUSD moved up to 0.9324, in line with Friday’s highs, but EURUSD and USDJPY are basically flat at 1.3426 and

The pair closed in NY Friday at $1.6821 after rate had seen extended lows of $1.6812 following the release of weaker than forecast UK mfg PMI data,

After finding support ahead of the 100-DMA last week the EUR/USD bounced to marginally trade above the previous $1.3444 resistance.

Hot on the heels of NZD and GBP is the USD, argues HSBC.

U.S. Review Growth Returns to a Solid Footing • The economy expanded at a 4 percent pace in the second quarter of the year,

Shift in message As was expected there were no real fireworks at the last FOMC meeting.

Currencies are diverging as we approach the NA session, a break from the trend of broad-based USD strength that we have observed throughout the week.

EUR/USD is in an underlying downtrend.However, the last two days have displayed largelower shadows,

G10 FX has traded sideways. USDJPY is at 102.89, EURUSD is trading 1.3388, and AUDUSD is flat to its Asian open at 0.9295.

EURUSD: Correction higher consolidation. The 1.3375-50 target/support zone still attracts some buying.

EUR/USD again found support Thursday ahead of the 100-WMA with s close below last seen in July 2013.