US Dollar Talking Points:There’s panic in FX and major currencies like the British Pound are reacting in a troubling manner.As I looked at last week there seems to be a disconnect between FX...
Dow, Dollar, EURUSD, USDJJPY, GBPUSD and Recession Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680After the FOMC rate decision was absorbed this past week, risk aversion began to build...
POUND STERLING ANALYSIS & TALKING POINTSPlanned fiscal stimulus weighs on GBP.10-year Gilt yields through 3%.Fed speakers in focus later today.GBP/USD FUNDAMENTAL BACKDROPCable has been unable to shirk off a surging USD, while the...
British Pound Rate Analysis and Talking PointsGBP Struggles Despite UK PMIsRange Trading the State of Play into FedGBP Struggles Despite UK PMIsMuch like the Euro, the Pound continues to struggle with the currency...
Risk assets closed mostly lower last week, although US equity markets trimmed losses heading into the weekend after comments from Federal Reserve Governor Jerome Powell spurred some buying. Mr. Powell stated that larger...
GBP/USD WEEKLY FORECAST: BEARISHThe British Pound posts heavy losses against the U.S. dollar during the week, falling to its weakest level since September 2020 Cooling economic activity in the United Kingdom and soaring...
