GBPUSD

Equity markets managed to rebound on news that President Trump will be meeting with Vice-Premier Liu He. The news comes as the US and China trade talks resume. However, over the past few days, risk appetite was volatile. Equities… Read More

Equity markets rose on Wednesday after reports emerged that China was open to a partial US trade deal. The comments come amid China asking the US to remove the 28 entities from the blacklist. It is likely that the markets will continue to… Read More

Equities fell and safe havens made gains on Tuesday. In the backdrop, the US and China are set to resume the trade talks today. However, moves from Washington suggest that the US will go ahead with restricting investments in China. This… Read More

The US dollar index was seen holding steady after posting steady declines last week. The fresh lows in the US unemployment rate failed to push the dollar index higher. Lack of economic data also kept price action mostly subdued. But… Read More

The monthly nonfarm payrolls report surprised with the unemployment rate falling to 3.5%. This marked the lowest unemployment levels since 1959. Payrolls grew by 136,000 missing the estimates of 145,000. The payroll figures for August… Read More

The services sector activity as measured by the Institute for Supply Management (ISM) saw a decline in September. The index fell to 52.6 during the month, coming out lower than the estimates of 55.1. In August, services activity rose to… Read More

The World Trade Organization ruled in favor of the United States in regard to the dispute on aircraft subsidies from the EU. At the heart of the dispute is the complaint from Washington about Airbus SE (a European aircraft manufacturer)… Read More

The US dollar traded weaker as it gave back the gains from the previous session. The ISM manufacturing PMI disappointed as the index fell to 47.8 in September. This follows a decline to 49.1 in August. The employment gauge was also… Read More

The US dollar rose to a four-week high on Monday. The gains came amid the end of the month and quarterly flows. The USD also found favor as a safe haven asset as investors await more details from Washington. The US administration… Read More