Browsing Tag

GBPUSD

Forex Afternoon Wrap – 02/07

US June payrolls a mixed bag! Dollar Index on shaky ground Key Notes: Japan Monetary base y/y 34.2% vs. 36.2% New Zealand Commodity prices m/m -3.1% vs. -4.9% previously Australia trade balance -2.75bn vs. -2.21bn UK Nationwide… Read More

GBPUSD 2015-07-02

GBPUSD 1.5600 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 – 30/06

EURUSD steady above 1.18. Closes positive from Monday’s weak open Key Notes: UK Gfk Consumer confidence 7 vs. 2 Australia private sector credit m/m 0.5% vs. 0.5%; y/y 6.2% vs. 6.1% Spain retail sales m/m 0.5% vs. 0.0%; y/y -0.4%… Read More

GBPUSD 2015-06-30

GBPUSD 1.5715 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 – 29/06

Euro, single currency resilient as EURUSD recovers most of the losses from earlier in the day Key Notes: Japan retail sales y/y 3% vs. 2.1% Japan prelim industrial production m/m -2.2% vs. -0.8% Germany preliminary CPI m/m -0.1%… Read More

GBPUSD 2015-06-26

GBP/USD: 1.5710 Higher volatility; more downside pressure On the short-term, The price succeeded to first main waited target at 1.5800 and achieved an initial breach for this level, which provides more support for our… Read More

Forex Afternoon Wrap – 25/06

Greece negotiations could see some resolution over the weekend! Key Notes: SNB Thomas Jordan speech UK CBI Reported sales 29 vs. 35 US Initial jobless claims 271k vs. 273k US personal income m/m 0.5% vs. 0.5%; personal spending… Read More