American Eagle’s first-quarter earnings beat follows strong reports from both Urban Outfitters and Abercrombie & Fitch, as more teens head back to the mall.
Archiv für den Monat: Mai 2021
ForexLive European FX news wrap: Pound edges ahead in light trading
Forex news from the European trading session – 27 May 2021
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities mixed; S&P 500 futures down 0.2%
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities mixed; S&P 500 futures down 0.2%
PBOC: Current forex market is balanced
The PBOC comments on the yuan
As , both the onshore and offshore yuan are trading below 6.40 currently and this does not seem like very much pushback by Chinese officials. It is pretty much a green light for the yuan to keep with the trend all things considered.
As , both the onshore and offshore yuan are trading below 6.40 currently and this does not seem like very much pushback by Chinese officials. It is pretty much a green light for the yuan to keep with the trend all things considered.
UK PM Johnson: There is nothing in the data currently to delay 21 June reopening
The UK economy looks set for a buzzing summer
ONS data earlier in the day already signaled some excitement for the UK with the number of restaurant bookings being a third higher than pre-pandemic levels for the week through to 24 May i.e. 32% above the same week in 2019.
ONS data earlier in the day already signaled some excitement for the UK with the number of restaurant bookings being a third higher than pre-pandemic levels for the week through to 24 May i.e. 32% above the same week in 2019.
BOE’s Vlieghe: An early rate hike is possible if there is smooth transition from furlough
Remarks by BOE policymaker, Gertjan Vlieghe
The headline in particular is what stands out even if there are caveats associated with it.
GBP/USD now up to 1.4178 from around 1.4135 earlier as buyers break through the key hourly moving averages @ 1.4149-52. Key resistance still seen closer to 1.4200.
The headline in particular is what stands out even if there are caveats associated with it.
GBP/USD now up to 1.4178 from around 1.4135 earlier as buyers break through the key hourly moving averages @ 1.4149-52. Key resistance still seen closer to 1.4200.
All quiet on the FX front so far today
Calmer tones but be wary ahead of the London fix again later in the day
The dollar was modestly bid ahead of the fix yesterday and that could owe to some perhaps but it could also be some pushing and pulling on the technical front, though we’ll only get more clarity once the week passes.
The dollar was modestly bid ahead of the fix yesterday and that could owe to some perhaps but it could also be some pushing and pulling on the technical front, though we’ll only get more clarity once the week passes.