GBP/USD

The British pound is showing little movement in the Tuesday session. In North American trade, GBP/USD is trading at 1.3427, unchanged on the day. On the release front, Britain posted a deficit of GBP 6.2 billion, below the estimate of 7.2 billion. This marked the first deficit after a string…

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The British pound has started the week with losses. In Monday’s North American session, GBP/USD is trading at 1.3422, down 35% on the day. On the release front, there are no key indicators on the schedule. British Rightmove HPI gained 0.8% in May, up from 0.4% a month earlier. In…

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It continues to be an uneventful week for the British pound. In Thursday’s North American session, GBP/USD is trading at 1.3505, up 0.12% on the day. On the release front, there are no British indicators on the schedule. In the U.S, major indicators were a mix. Unemployment claims climbed to…

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The British pound has posted slight losses in the Wednesday session. In the North American session, GBP/USD is trading at 1.3477, down 0.21% on the day. On the release front, British CB Leading Index. In the US, construction numbers were mixed. Building Permits remained steady at 1.35 million, matching the forecast….

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It’s been an interesting month in financial markets in which the dollar has rediscovered its mojo, geopolitical risk has remained heightened, US corporates have shown their strength and central banks around the world have become less bullish. Ahead of another busy data week, Senior Market Analyst Craig Erlam gives his…

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US Equities Looking Less Vulnerable After Recent Breakouts US equity markets have been on a good run of late but are poised to open slightly lower on Tuesday, paring the steady gains achieved over the last couple of weeks. This comes after the Dow and S&P 500 both surpassed the…

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The British pound has recorded gains on Friday, erasing the losses seen in the Thursday session. In the North American session, GBP/USD is trading at 1.3564, up 0.34% on the day. On the release front, there are no British events, after a very busy Thursday. In the U.S, the markets are…

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