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Sterling mixed as key month starts

GBPUSD, H1 The final May UK manufacturing PMI was revised fractionally higher, to 40.7 from the preliminary estimate of 40.6. This marks an improvement from...

FX Update May 11 – Sterling in the cross-hairs

GBPUSD, H1 Cable has ebbed to an intraday low at 1.2344, driven by a moderate bid in the Dollar and rumored splits within the UK cabinet...

Sterling Stalls & Consolidates Gains

GBPUSD, H1 Sterling remains in demand and is consolidating at highs versus most crosses, but has slipped lower against the Dollar. Cable is being driven...

FX Update – Sterling Soft & CADJPY – A Perfect Storm

GBPUSD & CADJPY, H1 Cable is softer today after last week’s rally. The pair posted a 17-day high at 1.2486 on Friday, which was the...

Central Banks – Race to the Bottom – Again?

GBPUSD, H1 The latest Central Bank to act (in another surprise and unscheduled announcement) is the Bank of England. The BoE slashed rates by 50...

UK – GDP Subdued as Exports Leap

GBPUSD, H1 UK preliminary Q4 GDP came in at a miserable 0.0% q/q, as had been widely anticipated, while growth rose 1.1% y/y. The quarterly...

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Macro Events & News

USD sinks as CAD spikes

Macro Events & News

USA500 – The Bid Goes On

Mixed Footing for Sterling