The marginal gain helped GBPUSD hold above the downside mid-term uptrend line ... compared to expectations of a 2.995 million-barrel increase. The drop of oil stock helped spot WTI crude rally, testing the upside downtrend line resistance …
Do changes in the exchange rate affect UK equities? The following chart plots the monthly returns of the sterling/US dollar (GBPUSD) exchange rate against the FTSE 100 Index for the period 1971-2012. As can be seen there is very little …
The British Pound has continued drifting downward to multi-decade lows in Monday trading, with the GBPUSD Cable trading with a 1.30 handle ... of ingredients that have weighed on global sentiment, stock markets could be set for …
Any deviation from the expected numbers, will spark a new wave of volatility. Stocks: Despite the mayhem in currency markets, stock markets traded on a lighter tone. Nikkei closed down at -0.23% as the USDJPY rose from 103.54 to …
Here’s what they gave us: @ClairWyant likes a short $GBPUSD as a play on the UK Election ... You are reading the blog of Howard Lindzon, notable investor, entrepreneur, and describer of himself in the third person. This is where he writes …
London stocks opened higher as a weaker sterling against the US dollar provided yet another leg higher for the FTSE, with more than 80 blue-chip shares making early gains. Not too long after the open, the FTSE 100 was up 37.69 points, or …
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The pound to dollar exchange rate (GBPUSD) is likely to continue falling suggests research - but Thursday's big event could change the game. For the US dollar exchange rate ... Indeed, with stock markets tumbling and emerging …
Sterling plunged on Friday, hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. A stunning slide in sterling at 3.40am London time …
Stock market ... As a result, GBPUSD fell and could have more to go. The currency pair initially moved higher yesterday but turned off the first resistance and proceed to crash through all three support levels. Binary options traders might see …