British Pound Week Ahead: UK Rates and US Data Will Drive GBP/USD
The UK government bond market (gilts) is having a torrid time post-inflation data with yields jumping as markets price-in a fresh round of BoE rate hikes.
The UK government bond market (gilts) is having a torrid time post-inflation data with yields jumping as markets price-in a fresh round of BoE rate hikes.
The Euro made some gains in European trading on Friday, but remains set for another week of losses against the US Dollar.
Gold prices turned lower and retraced session gains after U.S. PCE data showed that consumer spending and inflation grew more than expected in April, a sign that the Fed may be reluctant to hit the pause button.
USD/JPY is taking a break after its recent rally with US dollar strength priming the pair for a fresh test of Thursday’s multi-month high
Gold Prices rose a little on Friday, as the United States’ Dollar gave back some ground, but are nonetheless set for their third straight weekly fall.
Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.
Cable eyeing a short-term bounce helped by technicals and a resurgent retail sector. Can Cable hold onto its gains ahead of US data later today?
Crude oil prices gave up recent gains today with speculation around the upcoming OPEC+ meeting and some conflicting commentary from some of its members. More range trading for WTI?