Ready to Get Started?
Start here. Join 2.9M 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-
US stocks turn lower now- S+P 500 heads back towards 5,700
Well, as warned about here earlier this afternoon, there was no guarantee the higher opening for the US stock markets would be sustained and as you...
-
Dow Jones sligthly pares opening gains
As expected, all three major US stock market indexes opened higher today, buoyed by the positive news from the September jobs report. That more...
-
Pound upended again as dollar surges-GBP/USD tests technical support level
Following on from the previous update, noting the slide in the EUR/USD after the US jobs report, the Euro is not the only currency reeling under the...
