London traded nearly twice as much currency than did New York according the latest data on foreign exchange markets provided by the Bank for International Settlements.
September 10,2016
What are the key levels to watch ahead of the ECB’s meeting, and where could the pair end up depending on different scenarios and outcomes?
September 11,2016
Pound Sterling has turned lower as the recent rally is pared back from overbought conditions.
October 6,2016
The GBP/INR pair is showing upside potential in the short term after breaking above the neckline of a double bottom basing pattern on the daily chart, however, bulls should be cautious as outlook longer-term remains bearish.
September 8,2016
Mid-week sees Pound Sterling tested by the appearance before the Treasury Select Committee of members of the Bank of England’s Monetary Policy Committee.
September 15,2016
Italian lender Unicredit have released a note saying they are closing their short trading positions on GBP/USD, in another symptom of the panic short-covering which is fuelling sterling’s rally higher.
September 7,2016
The new week kicks off with market focus turning to the release of the IHS Markit and the CIPS Services PMI.
September 6,2016
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