GBP Price, News and Latest UK Inflation Analysis UK CPI remains unchanged, and misses expectations, after Tuesday’s strong UK jobs and wages data. GBPUSD still underpinned around 1.3000 and waits for the next chapter in the Brexit saga. Q2 2019 GBP Forecast and USD Top Trading Opportunities British Pound (GBP) Ignores Inflation Data. UK headline […]

Asia Pacific Market Open Talking Points Trade all the major global economic data live as it populates in the economic calendar and follow the live coverage for key events listed in the DailyFX Webinars. We’d love to have you along. FX News Tuesday The British Pound underperformed against its major counterparts on Tuesday, pressured by […]

MARKET DEVELOPMENT – Gold Holding Critical Support, EURUSD Eyes Rebound, GBPUSD Outperforms USD: Major FX pairs have been trading in relatively tight ranges with news flow on the lighter side. The USD is slightly softer as the boost to risk sentiment weighs, however, moves have been marginal at best. Given that this will be a […]

Talking Points: – The March UK Consumer Price Index is due on Wednesday, April 17 at 08:30 GMT. – With the Brexit deadline having been punted to October 31, it’s possible that the British Pound proves more sensitive to economic data in the meanwhile once more. – Retail tradersare net-short GBPJPY but recent positioning changes […]

Growth Talking Points: The IMF’s World Economic Outlook (WEO) lowered its 2019 global growth forecast 0.2 points to 3.3 percent with a long list of concerns Trade wars was an issue the IMF weighed in on, but Trump’s threat of $11 bln in tariffs on the EU was uniquly troubling If there were one currency […]

Talking Points: – The February UK Industrial Production Manufacturing Production, and GDP are due on Wednesday at 08:30 GMT. – Consensus forecasts expected UK industrial and manufacturing production to have contracted in February, and for GDP to come in flat. – Retail traders have started buying the Canadian Dollar, with USDCAD net-shorts having risen in […]

Talking Points – A continual reassessment of expectations around how the US economy performed in Q1’19 has filtered through into rate expectations evolving in a more supportive way for the US Dollar. – As both American and Chinese officials talk in more optimistic tones, it appears that we’re in the final stages of the trade […]