Via Reuters
Kategorie-Archiv: Forex News
Brexit: Von der Leyen, ‚We want a level playing field‘
Final hurdle
Once/if the level playing field is resolved then that should seal the deal. Definite shift in sentiment over Brexit negotiations this am with more upbeat tones all round. Will it last? My view is that we will get there, but I am not buying the GBP on that view. Prudent action is to stay
Once/if the level playing field is resolved then that should seal the deal. Definite shift in sentiment over Brexit negotiations this am with more upbeat tones all round. Will it last? My view is that we will get there, but I am not buying the GBP on that view. Prudent action is to stay
ECB’s Panetta says inflation will remain subdued
Via Reuters
Mid morning: GBP leads the pack against the USD
GBPUSD
GBP strength helping out with some of the USD weakness. Interesting to see some strong CHF flows too. US futures up and the major European indices too as general optimism buoys risk
GBP strength helping out with some of the USD weakness. Interesting to see some strong CHF flows too. US futures up and the major European indices too as general optimism buoys risk
Germany moves closer to harder lockdown – report
Germany set to move from ‚lockdown light‘ to a harder lockdown
The German virus situation looks to be taking a turn for the worse in the past week, with a record amount of daily cases reported on Friday alongside the deadliest day of the pandemic as the death count continues to rack up.
The German virus situation looks to be taking a turn for the worse in the past week, with a record amount of daily cases reported on Friday alongside the deadliest day of the pandemic as the death count continues to rack up.
Brexit: Everything still on the table as we approach supposed „point of finality“
What’s the latest buzz on the Brexit front
So, Sunday is now here. However, we’re not getting anything new on the Brexit front so far; from an official capacity at least.
So, Sunday is now here. However, we’re not getting anything new on the Brexit front so far; from an official capacity at least.
Forexlive Americas FX news wrap: GBP falls into the weekend with no deal. No covid relief deal as restrictions increase
Forex news for North American trading on December 11, 2020
No Brexit deal. No covid stimulus deal. London may have to go to Tier 3 restrictions as a result of increasing Covid cases. NYC will close all restaurants on Monday. The electoral college will be decided on Monday as the Pres (and some states) look to orchestrate a Supreme Court
No Brexit deal. No covid stimulus deal. London may have to go to Tier 3 restrictions as a result of increasing Covid cases. NYC will close all restaurants on Monday. The electoral college will be decided on Monday as the Pres (and some states) look to orchestrate a Supreme Court
Disney boosts Dow into positive territory. The NASDAQ and S&P close lower
Major indices decline for the week
the final numbers are showing:
the final numbers are showing:
The AUD is the strongest for the week, while the GBP is the weakest
The USD is modestly lower
For the week, the AUD is ending as the strongest of the major currencies, while the GBP is the run away weakest. Nearly a 1/3 of the gains for the AUD was against the GBP (+3.02%). The currency also moved 1.51% vs the EUR and 1.47% vs the USD.
For the week, the AUD is ending as the strongest of the major currencies, while the GBP is the run away weakest. Nearly a 1/3 of the gains for the AUD was against the GBP (+3.02%). The currency also moved 1.51% vs the EUR and 1.47% vs the USD.
CFTC commitments of traders: EUR longs increased. GBP position switches from short to long
Weekly FX positioning data for the week ending December 8, 2020
– EUR long 156K vs 140K long last week. Longs increased by 16K
– GBP long 6K vs 8K short last week. Longs increased by 14k
– EUR long 156K vs 140K long last week. Longs increased by 16K
– GBP long 6K vs 8K short last week. Longs increased by 14k