Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD extends breakdown below 1.25 as EUR/USD eyes key levels again
The dollar is on the rebound right now and the push higher in German and French bonds is pushing the EUR/USD perilously close to the 2024 low, at 1.0335. That is still just about intact, but it may nor remain so, if this positive dollar push higher continues. At the same, the GBP/USD has now extended the breakdown below 1.2500. The Pound has fallen to 1.2460 right now. The reader was warned about the prospect of the Pound extending any move below 1.25 and so it is hoped those observations served you well? The GBP/USD is currently trading at 1.2463
Market News
All News-
USD/JPY edges above 158 in a latent reaction to the US NFIB data
Since the last update here noted the lack of immediate reaction in the dollar to the much better than forecast NFIB index, the dollar has now lifted...
-
US NFIB small business optimism index beats forecasts- EUR/USD yet to react much
The December reading of the US NFIB small business optimism index has just been released. The markets were generally expecting another positive...
-
DAX holds technical support and edges towards 20,300
Earlier today, as thoroughly expected, the DAX did open higher. The index had closed below its current 21 day moving average yesterday, at 20,132...
