GBP/USD rebounds on risk appetite improvement, BoE's rate hike expectations
GBP/USD erases last Friday’s losses and climbs above the 1.2750 figure though it remains trading subdued amidst the lack of catalyst involving the Ste
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GBP/USD erases last Friday’s losses and climbs above the 1.2750 figure though it remains trading subdued amidst the lack of catalyst involving the Ste
The British pound is trimming some of Friday’s losses, though edges lower after printing a daily high at around 1.2279, but remains to gain some 0.12%
The British pound retreats from daily highs amid increasing tensions in Eastern Europe. At the time of writing, the GBP/USD is trading at 1.3614, up s
Upbeat economic data from the U.S failed to support the Dollar, with news of positive vaccine news driving demand for riskier assets in the week.
Add to Bookmarks Earlier in the Day: It’s was a relatively busy start to the day on the economic calendar this morning. The Aussie Dollar and the Japanese Yen were in action early this morning. Later this morning, the Bank of Japan delivers its first monetary policy decision of the year. While the markets expect the BoJ to continue to leave policy unchanged, the latest wave of the pandemic will be a concern. Vaccination rates will need to materially pick up globally, not just in Japan, to support a sustained economic recovery. Away from the economic calendar, sentiment towards the U.S econ...