Sterling in the Cross-hairs today
GBPUSD, H1 UK data today has continued the pressure on Sterling, with the UK economy rebounding less than expected in May. Overall GDP lifted 1.8% m/m, compared to Bloomberg consensus…
Read More »GBP/USD Weekly Forecast: GBP Cheers Stimulus, Rally at Risk of Stalling
A plethora of UK data, however, external factors remain the key driver as GBP/USD edges towards 200DMA.
Read More »US equity futures rally after NFP
US nonfarm payrolls increased 4,800k in June, better than expected, after the upwardly revised 2,699k (was 2,509k) bounce in May following the -20,787k (was -20,687k) collapse in April. The unemployment…
Read More »UK VAT cut would bring mixed benefits – IFS think-tank
The Institute for Fiscal Studies (IFS), a leading UK think-tank, warned against a temporary cut in value-added tax (TAX), as it would bring smaller be
Read More »UK debt to GDP ratio rises above 100% for first since 1963
The UK government’s debt rose above 100% of its gross domestic product (GDP) in May due to a surge in spending to counter the coronavirus-induced slow
Read More »Economic data coming up in the European session
UK May retail sales data is due today Overall price action in the currencies space is more subdued with US futures just a touch higher for now, though it’s hard…
Read More »WHO’s Kluge: UK still in very active phase of pandemic, should not rush into further economic reopening
In an interview with the Guardian newspaper on Sunday, World Health Organization’s (WHO) Regional European Director Hans Kluge urged that England shou
Read More »Recap June 14: Tesla ALL IN at $1,000 – Amazon/Apple record Highs (Recap Ep075)
In this week’s recap we talk about Elon Musk saying it was time to go all out and bring the Tesla Semi to volume production making the stocks jump. Amazon,…
Read More »Brexit Referendum – ‘Close Only’ Forex Pairs
The June 23rd 2016, UK ‘Brexit referendum’ is fast approaching and Vantage FX continues to monitor and set appropriate risk management settings for the protection of our clients. In addition…
Read More »Recap May 9: Warren Buffett loses $50 billion – Record unemployment (Recap Ep070)
In this week’s recap, one of the most important news was the loss of more than $50 billion by Berkshire-Hathaway in the 1st quarter, its worst quarter in a decade,…
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