The pair is now running into a fresh test of the 200-hour moving average (blue line) at 1.1191 as we see a quick tumble in cable from 1.1250 to 1.1190 - down 1.2%...
A snippet from RBC on what they see for the Bank of England and cable ahead. On the BoE, RBC say that the terminal rate of approximately 6% "priced into the market (including...
FTSE Talking pointsFTSE 100 rises back above 7,000 (at least for now)USD weakness and lower yields support risk assetsGBP/USD rises after climbing back above 1.13
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<p>September is typically a seasonally weak for the US stock market, and it didn't disappoint this month. The major stock indices are going out at the lows for the day, month, quarter....
