British Pound Update: GBP/USD Edges Lower After Jobs Data, USD Strength
Sterling is trading back below 1.2700 after the release of the latest UK jobs and wages data. The US dollar has also picked up an early bid, putting pressure on the GBP/USD.
Sterling is trading back below 1.2700 after the release of the latest UK jobs and wages data. The US dollar has also picked up an early bid, putting pressure on the GBP/USD.
Gold continues to build on Friday’s safe haven bid while US yields look to extend the multi-day decline. Lower volume trading expected during Martin Luther King Day in the US
With US markets closed for the Martin Luther King Jr. Federal Bank Holiday, the Euro is picking up a small bid against a range of currencies.
Outlook on FTSE 100, DAX 40 and Nikkei 225 as the US is shut for Martin Luther King Jn. Day.
Main considerations for FX markets this week include UK jobs and inflation data, markets just about expecting successive 25 bps cuts from March, and Chinese Q4 GDP
A mixed week with US equities continuing to push towards multi-year highs, while oil and gold are bid on escalating geopolitical risk. In the background, the US dollar treads water.
This article explores the week-ahead outlook for the U.S. dollar, examining important catalysts that could guide the performance of key currency pairs such as EUR/USD, GBP/USD and USD/JPY.
This article focuses on the technical and fundamental outlook for the U.S. dollar, examining price action dynamics for major FX pairs such as EUR/USD, GBP/USD and USD/JPY.
Oil prices are higher going into the weekend after US/UK attacks on Houthi rebel targets in Yemen spark fears of retaliatory action.
Outlook on FTSE 100, CAC 40 and Russell 2000 ahead of US PPI and start of Q4 earnings season.