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British Pound Sterling Trust Currencyshares
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-0.63 (-0.52%)
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Updated: 8:00 PM EST, Nov 22, 2024
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Forex And Cryptocurrency Forecast For June 24-28
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Growth in consumer prices gave euro bulls a faint hope that the European Central Bank would slow down the rate cut. Against this backdrop, the EUR/USD currency pair went up, reaching a local high of...
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Week Ahead: Politics, Economics, And The Yen
June 22, 2024
The yen will take a seven-day losing streak into next week, during which it has fallen by almost 1.8%. This run lifted the greenback to almost JPY159.65, its highest level since the intervention at the...
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GBP/USD Ends The Week Lower As Bearish Turnaround Steepens
June 22, 2024
GBP/USD hit fresh lows on Friday as Cable extended declines. Upbeat US PMIs drive off risk appetite, bolster Greenback. GBP traders buckle down for a long wait to next Friday’s GDP.
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GBP/USD Price Analysis: Extends Losses And Approaches 1.2600
June 21, 2024
The Pound Sterling prolonged its agony and fell for the second straight day after the Bank of England’s decision to hold rates unchanged, signaling that the beginning of the easing cycle is coming.
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GBP/USD Outlook: Dollar Soars to 5-Week High Against Pound
June 21, 2024
The Swiss National Bank cut rates on Thursday. The Bank of England held rates at 5.25% after inflation data the previous day revealed a decline to 2%. BoE policymakers said their decision not to lower...
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The Pound Froze Ahead Of The Bank Of England Meeting
June 20, 2024
The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused.
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GBPJPY To Close Above Psychologically Important 200 Level?
June 18, 2024
The GBPJPY is expected to trade (with 75.9% probability) within the 197.728 – 203.010 range during the next 7 days.
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Asia And Europe Markets Dip, While US Dollar Strengthens - Global Markets Today While US Slept
June 21, 2024
US stock markets mixed as investors analyze economic data & Fed comments. Jobless claims fall, housing stats & permits decline. Energy & utilities top performers, tech declines.
Via
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Analytical Overview Of The Main Currency Pairs On Friday, June 21
June 21, 2024
The dollar index rose by 0.34% on Thursday. Thursday's rise in T-note yields reinforced the interest rate differential and supported the dollar.
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GBPUSD Forex Elliott Wave Technical Analysis - Friday, June 21
June 21, 2024
In summary, the GBPUSD daily chart analysis indicates that the market is navigating through a corrective phase, specifically within orange wave C of navy blue wave 2.
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GBP/USD Price Analysis: Holds Steady Above Mid-1.2600s, Not Out Of The Woods Yet
June 21, 2024
The GBP/USD pair is seen oscillating in a range during the Asian session on Friday and consolidating the previous day's post-Bank of England (BoE) decline to over a one-month low.
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Financial Markets Report For Thursday, June 20
June 20, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, June 20.
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Asia Morning Bites For Friday, June 21
June 20, 2024
Japanese consumer prices accelerated; Korea’s early exports data point to strong global demand in semiconductors.
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Bank Of England Hints That The First Rate Cut Is Drawing Nearer
June 20, 2024
The Bank of England kept rates on hold this month, but comments in the statement and minutes suggest officials are getting closer to cutting interest rates despite some recent unwelcome services...
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USD/CAD Dips To 1.3710; Key Indicators And Fed Comments
June 20, 2024
USD/CAD Exchange Rate stands at 1.3710, slightly down from 1.3719, with overnight fluctuation. Reduced expectations for a Fed rate limit US Dollar recovery cut this year.
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Asia Mixed, Europe Markets Advance While Crude Hits $80 Again - Global Markets Today While US Slept
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Analytical Overview Of The Main Currency Pairs On - Wednesday, June 19
June 20, 2024
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FX Daily: Central Bank Meetings In Europe Dominate
June 20, 2024
The FX focus today switches to central bank meetings in Europe. We think that the risks of a dovish Bank of England are underpriced, and the risks of a dovish Swiss National Bank and Norges Bank are...
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GBP/USD Forecast: Strong Underlying Inflation Boosts Sterling
June 20, 2024
The GBP/USD forecast shows a surge in bullish momentum after data from the UK showed that underlying inflation remains strong. Meanwhile, data in the previous session revealed a smaller-than-expected...
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GBP/USD Finds A Foothold Ahead Of BoE’s Upcoming Rate Call
June 19, 2024
GBP/USD elbowed its way firmly above 1.2700 in quiet Wednesday trading as GBP traders gear up for Thursday’s latest outing from the Bank of England (BoE).
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Analytical Overview Of The Main Currency Pairs - Wednesday, June 19
June 19, 2024
The euro initially declined on Tuesday on a weaker-than-expected German ZEW Economic Growth Survey. The German ZEW's Economic Growth Expectations Index for June rose 0.4 to a 2-year high of 47.5, which...
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UK Market Commentary - Wednesday, June 19
June 19, 2024
The GBP is rising today on the back of the latest set of UK inflation figures released this morning. The data delivered by the ONS showed that headline annualized CPI fell to 2% last month, down from...
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Crude Oil Futures Breaks 80 Again!
June 19, 2024
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FX Daily: UK Inflation Helps Sterling Ahead Of Bank Of England
June 19, 2024
UK inflation came in as expected but the detail is a little worrying. Elsewhere, US markets are closed for a national holiday and FX volumes should be thinner. In the EU, seven countries should be...
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Financial Markets Report For Tuesday, June 18
June 18, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, June 18.
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GBP/USD Faces Testing Week With UK CPI, BoE And PMIs All On Tap
June 18, 2024
The US dollar fell modestly after a weaker-than-expected retail sales print, helping to lift FX pairs like the GBP/USD off their earlier lows, albeit modestly.
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GBP/JPY Recovery Stalls Near 200.00 As Focus Shifts To UK Inflation
June 18, 2024
GBP/JPY recovery appears to have slowed near 200.00 as UK Inflation comes under the spotlight. The UK annual headline inflation is expected to return to BoE’s 2% target. The BoJ postponed plans to...
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Yellen's $34.7 Trillion Balancing Act Amidst Rising Rates And Inflation Battles
June 18, 2024
Treasury Secretary Janet Yellen stated that the national debt of $34.7 trillion is manageable if it remains stable relative to the economy.
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Greenback Catches A Bid
June 18, 2024
The dollar has caught a bid ahead of the US retail sales and industrial production figures.
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Asia And Europe Markets Advance, Crude Near $80 While Dollar Gains - Global Markets Today While US Slept
June 18, 2024
US stock markets finish strong with record highs driven by surge in tech stocks. Economic indicators show improvement while Asian markets rise.
Via
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Exposures
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