USD, GBP, EUR Volatility Ahead of Cross-Continental Geopolitical Risks
The US Dollar, British Pound and Euro will all be closely watching key geopolitical developments in North America (Powell testimony), the UK (Brexit talks) and Europe (EU summit).
Read More »AstraZeneca coronavirus vaccine clinical trials to resume in the UK.
You’ll recall last week that clinical trials of the COVID-19 vaccine candidate from Oxford / AstraZeneca were paused: News now that AstraZeneca said it received notification from the UK’s Medicines…
Read More »Britain breaking Brexit treaty could imperil trade pact – US House Speaker
The US House Speaker Nancy Pelosi warned the UK late Wednesday that there will “absolutely no chance” of Congress approving the UK’s trade deal with W
Read More »EU warning PM Johnson has less than two weeks to save post-Brexit trade talks – The Times
The UK Times has reported that Boris Johnson, the UK’s PM, has been warned he has less than two weeks to save post-Brexit trade and security talks. Ke
Read More »Recap August 2: Disastrous Economic Numbers – Harnessing Power of the Sun (Recap Ep082)
In this week’s recap, we talk about some disastrous economic numbers and how an international experimental nuclear fusion reactor is being built in France to “harness the power of the…
Read More »Sterling Storms On
GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers as the weakest of…
Read More »British Pound Forecast: GBP/USD May Fall Amid Renewed 'No Deal' Brexit Fears
The fundamental outlook for the British Pound looks relatively bleak amid renewed ‘no deal’ Brexit concerns and escalating UK-China tensions.
Read More »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…
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