Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD edges higher as EUR/GBP drops back
For the past couple of hours the EUR/GBP has been pushing lower and now the cross is approaching the 0.8333 level once more. That move coupled with some further downside in the USD/JPY has allowed the GBP/USD to press steadily higher as the morning has unfolded. The higher Pound now is also weighing on the FTSE 100. Certainly that index has been the standout underperforming index amongst the European majors so far today. As noted here earlier, the sharply lower oil price today has not helped the index either. So, the GBP/USD just now hit a session high at 1.3375
Market News
All News-
Gold edging lower again- more updates early tomorrow morning
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
-
DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
-
Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
