Tag: GBP/USD

Pound Breakdown Underscores Hard Brexit Risks

The acceleration lower in the Pound comes amid the increased risk of a disorderly exit from the European Union and a heightened possibility of...

Looming UK Adjustments Drive Pound Towards New Multi-Year Lows

In the wake of the decision to exit the European Union, many remaining members angry with the UK vote to leave have harbored resentment,...

Marshall Gittler: Tomorrow’s Brexit Vote

There is no more waiting; the Brexit Vote is here. Both sides, In and Out, are hours away from facing the most important challenge...

Forex Black Book: Levels June 6-10

What a weak data reported the US and the always expected Nonfarm Payroll report. Indeed, Friday's trading activity made perfect sense but left traders and...

Forex Outlook: GBP/USD Trade Idea

First off, our Forex Outlook starts taking a look at our news calendar for the day today. Fairly light for the day today. We...

Nonfarm Payrolls does not matter anymore

Yes, I cannot deny I am not too impressed with the latest NFP (nonfarm payrolls, for those of you that are new to reports...

Forex Weekly Outlook: 7 Major US Currency Pairs

Forex Weekly Outlook: 7 Major US Currency Pairs Let’s get started with our forex weekly outlook here with the US Dollar versus the Swiss...

Market News: Gold prices turned negative as corrective rally in WTI

Good morning! Here's what you need to know in markets on Wednesday. The minutes of the latest US Federal Reserve FOMC meeting are released...

Scandinavian Capital Markets: Economic Forecast 2016

"To grow and create a long-term sustainability for our clients in the largest financial market in the world by aiming to outperform most other...

GBP/USD Touches 5-Year Lows on Weak Factory Data

GBP/USD plunged on Tuesday, falling to five-year lows on weak UK factory data and rising demand for the dollar in the wake of China’s...

US Dollar Stages Rally amid Encouraging Economic Data

The US dollar traded higher on Tuesday amid a bigger than expected rise in consumer confidence, while stocks and oil prices also rallied in...

US Dollar Rebounds, but Pressure Remains

The US dollar rebounded against a basket of currencies on Thursday, but remained under pressure amid growing selling interest, suggesting that investors are becoming...

Prodigy Trader DNA GBPUSD watching for signs of breakout

#AUDUSD, I want to zoom out to the weekly chart, first off, to give it a longer-term vantage point for this currency pair. That’s...

Prodigy tradersdna: Cautiously Selling EURUSD into Resistance Zone by Ross Mullins

01Dec2015 Prodigy-Trader-Program-Ross-Mullins-Selling-EURUSD-48 First off, starting here on the NZDUSD, we talked about this black box over here on the right-hand side of the chart, where...

GBP/USD Advances on Falling UK Unemployment

The GBP/USD advanced for a third consecutive day on Wednesday, but gains were seen as limited after government data pointed to sluggish wage growth...

Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls

The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...

GBP/USD Declines as BOE Leaves Rates Unchanged

The GBP/USD declined more than 100 pips Thursday, as the Bank of England acknowledged renewed downside to inflation while voting to keep interest rates...

US Dollar Slides on Weak Data

The US dollar declined on Wednesday after government data showed only a modest rise in retail sales and a bigger than expected drop in...