GBP/USD: Pound slide extends to the 200-day SMA

Posted by Ed Sep 7, 2023 Share 0

UK home prices plunge 4.6% in the year up to August, worst y/y drop since 2009 UK businesses ...

Video – GBP/USD slides after Bank of England comments and US data

Posted by Craig Sep 7, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam discusses the latest comments from the BoE, the US ISM servi...

GBP/USD – Sinks to three-month low after BoE monetary policy report hearing

Posted by Craig Sep 6, 2023 Share 0

Dovish BoE commentary weighs on the pound Two more rate hikes are still heavily priced in ...

Podcast – BoE nearly done, BoC and RBA pause, Saudi and Russia extend cuts

Posted by Craig Sep 6, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart to discuss the Bank of England Monetary Pol...

GBP/USD Breaks Down Amid Global Risk-Aversion

Posted by Ed Sep 5, 2023 Share 0

EU and China Service PMIs drive global growth concerns UK Final Services PMI revised higher b...

EUR/GBP – Eurozone core inflation falls further, weighing on yields and the euro

Posted by Craig Aug 31, 2023 Share 0

Flash HICP in August 5.3% (5.1% expected, 5.3% in July) Flash core HICP in August 5.3% (5.3% ...

GBP/USD – JOLTS data pulls US yields lower but Fed will hope for more this week

Posted by Craig Aug 29, 2023 Share 0

Consumer confidence also falls but the survey is volatile ...

GBP/USD – Slips for a third day amid cracks in UK economic data

Posted by Craig Aug 24, 2023 Share 0

UK yields fall amid economic uncertainty BoE expected to raise rates twice more this year to ...

GBP/USD pares losses after soft PMIs

Posted by Kenny Aug 23, 2023 Share 0

UK manufacturing and services PMIs decelerate The British pound has edged lower on Wednesday....

GBP/USD – BoE rate expectations pared back as PMIs point to recession

Posted by Craig Aug 23, 2023 Share 0

UK Services PMI falls to 48.7 (50.8 expected, 51.5 in July) UK Manufacturing PMI falls to 42....

British pound eyes PMIs reports

Posted by Kenny Aug 22, 2023 Share 0

UK order expectations decline Manufacturing and services PMIs are expected to tick lower on W...

GBP/USD – Consolidation continues amid promising inflation numbers for the UK

Posted by Craig Aug 22, 2023 Share 0

New inflation methodology offers hope for BoE 1.28 could be major resistance point for GBPUSD...

Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV

Posted by Ed Aug 18, 2023 Share 0

US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium.  Fed Cha...

British pound edges lower on soft retail sales report

Posted by Kenny Aug 18, 2023 Share 0

UK retail sales post a sharp decline Rainy weather and high prices weighed on consumer spendi...

GBP/USD: Pound rally continues as Gilts drop and on dragonfly doji formation

Posted by Ed Aug 17, 2023 Share 0

UK 10-year government bond yield surges to a 15-year high US 10-year real yields approach 14-...

GBP/USD rises ahead of UK retail sales

Posted by Kenny Aug 17, 2023 Share 0

UK retail sales expected to slip in July Fed minutes note concern about inflation The Brit...

GBP/USD pushes higher as inflation drops to 6.8%

Posted by Kenny Aug 16, 2023 Share 0

UK inflation drops but core rate remains steady US dollar gets lift from strong retail sales ...

GBP/AUD: Bullish run extends as England ends Matildas mania

Posted by Ed Aug 16, 2023 Share 0

UK core inflation remains elevated at 6.9% and above the consensus estimate of 6.8% BOE expec...

GBP/USD: BOE to hike further after hot wage data, US stocks struggle on China and banking concerns

Posted by Ed Aug 15, 2023 Share 0

Record UK wage growth keeps the pressure on the BOE to deliver more tightening PBOC rate cut ...

GBP/USD shrugs off mixed employment report

Posted by Kenny Aug 15, 2023 Share 0

UK job growth falls but wages soar UK releases CPI on Wednesday The British pound has edge...