CATEGORY GBP/USD

GBP/USD – Retail Sales Plunge But Pound Unscathed

The British pound has steadied in the Thursday session, after considerable losses on Wednesday. In North American trade, GBP/USD is trading at 1.4205, down 0.01% on the day. On the release front, British Retail Sales plunged 1.2%, worse than the estimate of -0.5%. US unemployment claims ticked lower to 232 thousand, close to the estimate of 230…

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Futures Flat After Hawkish Fed Minutes

Stocks Remain Vulnerable to Downside Shocks The rebound in equity markets appears to have lost some momentum, with European stocks trading in the red again on Thursday and US futures flat ahead of the open. US stock markets have recovered quite well after falling more than 10% a couple of weeks ago but the recovery…

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FX Market Analysis – 20 February 2018 (Video)

Senior Market Analyst Craig Erlam discusses this week’s key event risks, with the most notable being the UK jobs report and BoE inflation report hearing. Craig also gives his live analysis on EURUSD (11:04), GBPUSD (15:13), EURGBP (17:04), AUDUSD (18:36), USDCAD (20:02), GBPCAD (22:01), NZDUSD (24:47), USDJPY (25:44), GBPJPY (26:47) and EURJPY (28:24). USD/JPY –…

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GBP/USD – Pound Dips at Start of Week

The British pound is trading quietly in the Monday session. In North American trade, GBP/USD is trading at 1.4002, down 0.21% on the day. On the release front, there are no US events, with US markets closed for Presidents’ Day. In the UK, Rightmove HPI gained 0.8%, its strongest gain in four months. On Tuesday, the…

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US Indices on Course For Full House

Futures Point to Full Week of Gains After Sharp Correction US equity markets could end the week with a full house of gains as long as indices manage to hold onto the small gains being seen in futures ahead of the open. This would also bring an end to two shocking weeks for equity markets…

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