GBP Weekly Forecast (August 6 – 10)
Not even the BOE rate hike was enough to lift the pound’s spirits as Brexit jitters lingered. Can this week’s top-tier reports change the mood?
Read MoreNot even the BOE rate hike was enough to lift the pound’s spirits as Brexit jitters lingered. Can this week’s top-tier reports change the mood?
Read MoreNow that the BOJ has said its piece, will the yen go back to exclusively taking cues from risk sentiment?
Read MoreThe Aussie’s price action last week mostly centered around the U.S.-China trade war. See if there are other catalysts this week!
Read MoreA deterioration of risk sentiment dragged Kiwi lower across the board last week. Will this week’s catalysts turn the tides for the comdoll?
Read MoreToday is another NFP Friday so price action was subdued for the most part. However, the forex market became very lively near the end when USD was rushed by sellers, while AUD and NZD jumped higher. What happened?
Read MoreA pre-NFP lull was in full-force and kept major currencies in tight ranges with an extra blip or two for the comdolls.
Read MoreSterling was still reeling from the post-Carney commentary when the New York session kicked off. The Kiwi also found itself behind its peers as dollar domination came back in play.
Read MoreRisk sentiment was the initial driver during the session since battle lines were drawn between the safe-havens and the higher-yielders. The pound later stole the show, though, thanks to the BOE-induced spike and dive.
Read MoreWith no fresh catalysts to change intraweek trends, trade war jitters continued to dictate price action during the Asian session.
Read MoreHeadlines were focused on a different hike, the one where Trump wanted tariffs on China to be raised from 10% to 25%, as the FOMC decision turned out to be a dud.
Read MoreWhen I hear somebody sigh, Life is hard. I am always tempted to ask, Compared to what?Sydney Harris