In North American trade, GBP/USD is trading at 1.3946 ... Meanwhile, concern over higher inflation and more rate hikes sent the stock markets into a frenzy earlier in February. Powell sought to reassure the markets that the Fed was …
Stock markets continued to recover on Monday as Friday’s rally spilled over into this week. FX markets were generally …
Unlike stock markets, it was well-behaved, almost shockingly well-behaved despite all the turmoil elsewhere. The biggest percentage mover in major FX this week was GBP/JPY as it fell to 150 from 155. Note that the trendline since October …
Last week, the BoE held on rates and the bond-buying program as expected, but did up their growth forecasts. This gave GBP a sizable boost which eventually failed, but did little to move the FTSE around. The only ‘high’ impact data slated …
Remember, this market is also highly linked to risk appetite, so pay attention to the US stock markets, especially the S&P 500 as it is a good proxy for that risk. I don’t think we break down here, but if we do, I suspect that the uptrend line is …
Global stock markets fell precipitously during the subsequent week ... “Currently positioning shows the biggest longs in …
Its down 2.74% from 102,300 shares previously. With 22,100 avg volume, 5 days are for BAE SYSTEMS ORD GBP
On the other hand, if the global stock market recovery continues this will limit the …
25 Jan: USD 1,360.25, GBP 954.35 & EUR 1,095.27 per ounce 24 Jan: USD …