Browsing Tag

GBPUSD

GBPUSD 2015-08-17

GBPUSD 1.5625 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to… Read More

Forex Afternoon Wrap – 17/08

Asian currencies under pressure in the aftermath of Yuan devaluation Key Notes: UK Rightmove HPI m/m -0.8% vs. 0.1% previously Japan preliminary GDP q/q -0.4% vs. -0.5%; prelim GDP price index y/y 1.6% vs. 2.2% Switzerland retail… Read More

GBPUSD 2015-08-14

GBPUSD 1.5635 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to… Read More

Forex Afternoon Wrap – 13/08

China devalues Yuan for the third day. Currencies remain under pressure Key Notes: New Zealand business manufacturing index 53.5 vs. 55.1 previously UK RICS house price balance 244% vs. 42% Japan core machinery orders m/m -7.9%… Read More

GBPUSD 2015-08-13

GBPUSD 1.5625 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to… Read More

Forex Afternoon Wrap – 12/08

China currency moves continue to shock the markets Key Notes: Japan PPI y/y -3.0% vs. -2.9% Australia Westpac Consumer sentiment 7.8% vs. -3.2% previously Australia Wage price index q/q 0.6% vs. 0.6% Japan revised industrial… Read More

GBPUSD 2015-08-12

GBPUSD 1.5595 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to… Read More

Forex Afternoon Wrap – 11/08

China devalues the Yuan. Greenback lifted Key Notes: BRC retail sales monitor y/y 1.2% vs. 1.8% previously China M2 money supply y/y 13.3% vs. 11.7% Australia NAB business confidence 4 vs. 8 previously Japan preliminary machine… Read More