@davidbelle_ GBP…
No break of resistance at 0.87, European data grim, UK better relative performance than previously thought. Cable slide greater than EURUSD (£ worst performing G10 CCY MTD) - more % gains if/when $ bull run turns?
We’ve done a fair amount of EURGBP hedging this week
Read our Weekly #FX Outlook here: https://t.co/Gfh1OdjT1q
- Dollar rise continues after fifth straight weekly gain
- Pound the best-performing G10 currency last week
- Global PMIs due on Tuesday, German data Friday
- Jackson Hole, Fed Speakers & BRICS summit ahead
GM #FX
£/$ 1.2977
£/€ 1.1660
€/$ 1.1129
- Dollar falls after Fed hikes as expected
- Pound's rally against euro seen easing
- ECB set to lift rates by 25 basis points today
https://t.co/uqFVTg7fH1
GM!
£/$ 1.2909
£/€ 1.1655
€/$ 1.1075
- NatWest CEO resigns over Farage Fudge-Up
- Dollar eases after five days of gains
- Pound higher against embattled euro
- German economic woes deepen
- Fed set to hike by 25bps tonight
https://t.co/TVVcI2fL3M
GM!
£/$: 1.2870
£/€: 1.1564
€/$: 1.11297
💠UK consumer confidence dips
💠Pound lifts from $1.285 on retail sales
💠UK Retail sales boosted by good weather
💠EURUSD 1.12 support breaks on dollar gains
GM!
£/$: 1.2944
£/€: 1.1520
€/$: 1.12317
💠Pound continues slide after inflation cools
💠EURUSD hanging on to $1.12, but can it last?
💠Dollar makes marginal gains against G10 FX
💠US housing market data disappoints
GM!
£/$: 1.2944
£/€: 1.1520
€/$: 1.12317
💠UK inflation eased more than expected in June
💠Pound dips after cooling inflation
💠EURUSD holding $1.12 support
💠US housing market data coming up
GM!
£/$: 1.3090
£/€: 1.1643
€/$: 1.12418
💠Dollar declines after easing inflation
💠Pound and euro lift to fresh 1-year+ highs
💠Big week ahead for UK data: inflation, retail sales coming up
💠Is the pound becoming detached from UK fundamentals?