Sinking feeling again
Pound Crosses
UK Prime Minister Boris Johnson tweet-reminded his government's position: "We are ready to work with our friends and partners to get a deal....
Eurozone CPI slips, aids the ECB doves
EURGBP, H1
The Final reading for Eurozone HICP inflation unexpectedly revised down to 1.0% y/y in the final reading for July from 1.1% y/y reported...
Gold shakes down but remains Bid
XAUUSD, H1
The Gold price has moved lower again today in the European session, continuing the move down from yesterday’s $1527.80 high. The breach of...
FX Update – August 13
USDJPY, H4
USDJPY has perked up to NY-session highs of 106.67, up from 105.15 ahead of the US CPI data. Wall Street has been the...
FX Update – August 12
GBPUSD, H1
A risk-off theme propelled the Yen higher while the likes of the China-proxy Australian Dollar, and many developing-world currencies, underperformed.
The Brexit-afflicted Pound also...
Chinese state banks seen slowing its descent
Chinese state banks have been supporting the Yuan, according to sources cited by Reuters. State banks often act on behalf of the PBoC in...
