GBP Stabilises Following Sharp Losses As IMF Criticises UK Tax-Cuts
GBP Finds Equilibrium - For Now Following the heavy volatility we saw in GBP on Friday and Monday, price action has since stabilised. In GBPUSD in particular, price plunged almost 5% on Monday before...
Daily Market Outlook, September 28, 2022
Daily Market Outlook, September 28, 2022 Overnight HeadlinesMoody's Warns UK Unfunded Tax Cuts Are 'Credit Negative'IMF Tells UK To Re-Evaluate Tax Cut As Global Criticism MountsUK Price Inflation In...
Daily Market Outlook, September 27, 2022
Daily Market Outlook, September 27, 2022 Overnight HeadlinesFed Officials Stare Down Markets, Repeat Inflation Top FocusPound Under Siege With Mounting Odds It Will Drop Below $1Yuan Plunge Nears...
Market Spotlight: GBPUSD Reversing Sharply Off All-Time Lows
Markets React Negatively to UK Government Mini-BudgetThe British Pound has seen it’s most volatile trading period since the start of the pandemic with GBPUSD crashing almost 10% lower, falling to its...
FOMO Friday: GBPUSD Breaks Down To Fresh 2022 Lows
What a week. Feels like I’ve been saying this quite a lot recently, but it’s been another action-packed session for financial traders. We’ve seen rate hikes from the Fed, the SNB, Norges Bank and the...
Daily Market Outlook, September 23, 2022
Daily Market Outlook, September 23, 2022 Overnight HeadlinesA Day After Fed Raises Rates, Reverse Repos Hit A New RecordBiden's Approval Rating Up But Struggling On Key Issues: NBCYellen Sees Path For...
Daily Market Outlook, September 22, 2022
Daily Market Outlook, September 22, 2022 Overnight HeadlinesFed Raises Rates By 75 Basis Points Again; Sees Higher Terminal RatePowell Signals Recession May Be Price To Pay For Crushing InflationUS...
Daily Market Outlook, September 21, 2022
Daily Market Outlook, September 21, 2022 Overnight HeadlinesPutin Mobilises More Troops, Says West Wants To Destroy RussiaPutin Warns Nuclear Response In Threat To Russian Territorial IntegrityFed Set...
Market Spotlight: GBP Sinks As UK Retail Sales Plunge
UK Retail Sales PlungeThe British Pound has come under heavy selling pressure on Friday in response to the latest economic data out of the UK. Retail sales for August were seen falling to -1.6% from...
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