Posts Tagged ‘CPI’
Poor 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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