Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead
Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at risk after Wall Street’s plunge.
Read More »British Pound (GBP) Forecast: Sterling Rally Provides Short Term Relief, Bigger Picture Remains Grim
Sterling remains under pressure as the recent rally may prove short-lived. The BOE meeting has been postponed to September 22.
Read More »GBP/JPY Price Analysis: Takes offers inside weekly triangle after Japan Q2 GDP
GBP/JPY renews daily bottom near 161.60 after Japan’s Q2 GDP flashed softer than expected figures during the initial hour of Monday’s Asian session. E
Read More »British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
Read More »EUR/GBP: Renewed Brexit fears may start to weigh on sterling – Danske Bank
Brexit Tensions are increasing and may weigh on the British pound in coming months, warn analysts at Danske Bank. They also point out that relative in
Read More »GBP/USD to finish the week under 1.3100 on a firm US dollar
The British pound remains defensive, trading below the 1.3100 mark, on the back of a buoyant US dollar amidst a dull trading session as financial mark
Read More »GBP/USD Price Analysis: Bulls seeking a discount and break above 1.3690
As per the prior analysis, GBP/USD Price Analysis: To follow in the euro’s footsteps, 1.3690 is critical, cable has moved in on a deeper layer of supp
Read More »GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise
Scientific data on vaccine efficacy a trigger for a BoE rate rise this month.
Read More »GBP/JPY Price Analysis: Bulls pressing against critical breakout territories
There is little to be said on the shorter-term time frames for GBP/JPY is the cross gyrates with no clear directional bias as the price rounds off the
Read More »GBP/JPY Price Analysis: The British pound reclaims the 153.00 despite losing in the day
The British pound recovered some ground on Friday, as the New York session finished, trading at 153.12, down 0.29% at the time of writing. The New Yor
Read More »