Tag archive for ‘pound’
By gossewestra On Friday, April 20th, 2018

Do Any of the Indices, Dollar, Pound Reversals Have Legs?

For those keeping an eye on the Dollar – even though it seems to be tracking remarkably slow progress – the Greenback did mark notably gains this past session.  More...

By gossewestra On Thursday, April 19th, 2018

S&P 500 Breakout Fails at Launch, Pound and Loonie Bull Trends Waver

With critical technical breaks from the major US equity indices won on Tuesday, speculators were paying close attention to what kind of conviction would blossom in the subsequent trading sessions.  More...

By gossewestra On Monday, April 16th, 2018

FX Overbought/Oversold: It’s Tough To be a British Pound Bear Out There

A look at short-term momentum is showing pervasive strength in the British Pound and high-beta FX as havens are sold.  More...

By gossewestra On Wednesday, March 28th, 2018

British Pound Gains on Hopes for Post-Brexit Irish Border Deal

The British Pound jumped on reports that a new plan to avoid a hard post-Brexit Irish border is “imminent”. US/China tensions keep markets on edge however.  More...

By gossewestra On Tuesday, March 20th, 2018

Pound Eyes UK CPI Data, G20 Rancor May Stoke Trade War Jitters

The British Pound may rise if UK CPI data tops expectations. Rancor at the G20 meeting might stoke trade war jitters and sour sentiment.  More...

By gossewestra On Monday, March 19th, 2018

British Pound, US Dollar Are In-Focus Ahead of UK CPI, FOMC and BoE

The FX market centers around rate decisions out of the US and the UK this week, and GBP/USD is putting in a bullish breakout ahead of a key release of inflation numbers tomorrow morning.  More...

By gossewestra On Thursday, March 1st, 2018

USD, JPY Strength Comes Roaring Back: Euro, Pound Vulnerable

Talking Points: – Today brings the second day of Mr. Jerome Powell’s Humphrey Hawkins testimony. Today, the Semiannual Monetary Report to Congress takes place in-front of the Senate Banking Committee, More...

By gossewestra On Wednesday, February 21st, 2018

Euro at Risk if PMI Data Stumbles, Confident BOE May Lift Pound

Talking Points: Euro at risk if disappointing PMI data cools ECB tightening speculation Pound may rise as hawkish BOE rhetoric compounds Brexit-linked gains US Dollar looks to January’s FOMC meeting minutes More...