Office for National Statistics
Schlagwort-Archiv: Currency
Cable to break support at key weekly trend line?
Brexit woes drags down Cable
Cable finds some temporary support from the key weekly trend line as sellers take some profit after a flurry of negative Brexit talk from and the chief negotiators. A break of this level to the downside will be significant.
Cable finds some temporary support from the key weekly trend line as sellers take some profit after a flurry of negative Brexit talk from and the chief negotiators. A break of this level to the downside will be significant.
Dollar Index pushed higher towards yesterday’s highs at 93.22
USD strength
r and no progress in Brexit talks have pushed . This has given the USD strength.
Weak PMI’s have dragged the EURUSD lowe
GBPUSD down through a key weekly trend line
r and no progress in Brexit talks have pushed . This has given the USD strength.
Weak PMI’s have dragged the EURUSD lowe
GBPUSD down through a key weekly trend line
ECB: Recent positive market developments not fully backed by economic data
ECB releases the account of its July 2020 monetary policy meeting
– Financial market conditions had continued to normalise
– They remain tight and more fragile than before the pandemic
There isn’t anything new with regards to the ECB’s policy stance and their take on recent economic developments. They are very much in wait-and-see mode right now but
– Financial market conditions had continued to normalise
– They remain tight and more fragile than before the pandemic
There isn’t anything new with regards to the ECB’s policy stance and their take on recent economic developments. They are very much in wait-and-see mode right now but
ForexLive European FX news wrap: Dollar mixed, risk mood keeps more cautious
Forex news from the European trading session – 20 August 2020
Headlines:
– CHF leads, NZD lags on the day
– European equities lower; E-minis down 0.3%
– US 10-year yields down 2.7 bps to 0.652%
Headlines:
– CHF leads, NZD lags on the day
– European equities lower; E-minis down 0.3%
– US 10-year yields down 2.7 bps to 0.652%
Cable creeps back a little higher above 1.3100 as buyers wrestle back some near-term control
GBP/USD pushes to session highs for the day, price action now in a battle between the key hourly moving averages
Near-term support at around 1.3067-74 held earlier today and that is helping to see buyers try to wrestle back some control in a push back above 1.3100 on the session.
Near-term support at around 1.3067-74 held earlier today and that is helping to see buyers try to wrestle back some control in a push back above 1.3100 on the session.
US futures trim losses ahead of North American trading
That sets up a more interesting session later in the day
S&P 500 futures have trimmed losses to 5-6 points now after having been down by as much as 26 points earlier today. The European session low saw futures slip by 0.7% or by 22 points before recovering to current levels.
S&P 500 futures have trimmed losses to 5-6 points now after having been down by as much as 26 points earlier today. The European session low saw futures slip by 0.7% or by 22 points before recovering to current levels.
There are signs that the euro upside move is maturing, favours taking profit – Deutsche Bank
Deutsche Bank argues that the euro may have hit a top for now
Adding that any move towards 1.2300 in EUR/USD would make the range lean towards the extreme side and see ‚ultimate exhaustion‘.
Adding that any move towards 1.2300 in EUR/USD would make the range lean towards the extreme side and see ‚ultimate exhaustion‘.
White House chief of staff Meadows: Let’s pass a ’skinny bill‘
Mark Meadows comments to Fox News in an interview
– Says will be here until Saturday, hopes that Democrats will as well
– Says private talks with Democrats have gone extremely well
It is pretty much the same old brand new story day in, day out. As much as Meadows is touting that talks are going well, a
– Says will be here until Saturday, hopes that Democrats will as well
– Says private talks with Democrats have gone extremely well
It is pretty much the same old brand new story day in, day out. As much as Meadows is touting that talks are going well, a
FOMC meeting minutes, what to expect later?
Likely more noise more than anything else
The Fed has that the economic situation is starting to worsen a little and cast a bit of a dark cloud over the outlook in 2H 2020, considering the fact that the virus situation was escalating rather rapidly across the US last month.
The Fed has that the economic situation is starting to worsen a little and cast a bit of a dark cloud over the outlook in 2H 2020, considering the fact that the virus situation was escalating rather rapidly across the US last month.