GBP/USD traders sit tight ahead of UK CPI
GBP/USD was last trading at 1.2425, flat on the day, and had traveled from a low of 1.2366 to a high of 1.2449 overnight as the markets digest UK data
Source: fxstreet.com
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Marked USD strength as yields lift; hot UK CPI; ASML lower, WAL surges post-earnings - Newsquawk US Market Open
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Net USD long positions moved lower last week – Rabobank
Analysts at Rabobank assess the latest CFTC Commitment of Traders Report: "Net USD long positions moved lower last week. That said, there has been lit
Source: fxstreet.com
GBP/USD correcting the ECB sell-off, BoE will be back in focus
At 1.3069, GBP/USD is attempting to correct the London sell-off that followed the European Central Bank announcements that sank the euro and enabled t
Source: fxstreet.com
Bank of England Is Latest Central Bank To Taper QE As It Suprcharges Economic Outlook
by Tyler Durden Thursday, May 06, 2021 - 07:31 AM First it was the Bank of Canada, now Bank of England has also joined the taper bandwagon, announcing that it would cut its weekly bond buying (i.e. QE) from GBP4.44BN per week to 3.441BN, while keeping its overall rate and quantiative easing policy unchanged, in a 8-1 split vote with chief economist Andy Haldane voting to cut the BOE's Gilt purchases by GBP50BN to GBP825BN (however, since this is his last month at the BOE, his view is being discounted by the market). The Monetary Policy Committee voted unanimously to keep interest rates at 0....
Source: zerohedge.com