Posts Tagged ‘CPI’
Super Thursday Expected to Drive Volatility
GBP The Pound had a difficult week, losing ground against every G10 currency apart from the New Zealand Dollar. Against the Euro, Sterling finished flat but lost a quarter of one percent to the US Dollar. The Pound has suffered due to uncertainty around the full reopening of the economy on the 21st of June.…
Read MoreJune’s Big Unlock Looks to Push Pound Higher
GBP The Pound was the third best performing G10 currency last week losing only a small amount to both the Canadian Dollar and Swiss Franc. Against the Euro, Sterling finished up by 0.1% but spent the week trading in an 80-pip range and bouncing between 1.1570 and 1.1650. Versus the Dollar there was an increase…
Read MorePoor US Employment Report Fuels Dollar Sell-off
GBP The Pound had a stellar week versus the Dollar increasing by 1.2% but was unable to achieve the same against the Euro, as the pair finished flat for the week. The Scottish National Party won 64 of the 129 seats at Holyrood and Scotland’s first minister Nicola Sturgeon has told Prime Minister Boris Johnson…
Read MoreSterling set to accelerate higher
GBP The Pound finished the week just north of the 1.12 handle against the Euro and just below 1.33 against the Dollar. Though a positive week overall for Sterling it never manged to break through the key resistance levels of 1.1215 and 1.3310 and instead spent week bouncing back off them. Should these levels be…
Read MoreThe Pound in Limbo, Dollar Continuing to Struggle and the Euro in for a Difficult Week
GBP Yet another rangebound week for the pound against the euro as it traded in a one and half percent range between 1.0931 and 1.1096. The price action has been driven as always by Brexit headlines though it feels that we are inches towards a deal as Emmanuel Macron was reported to concede his hard…
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