Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD reaches a new 2025 high above 1.3200
Yesterday the GBP/USD just managed to nose above the 1.3200 handle, but it was unable to sustain the move and a more general rebound in the dollar yesterday afternoon saw the Pound fall back to around 1.3125. However, that dollar rebound did not last and the GBP/USD later rebounded to close in the US at 1.3190. Today it has pushed above 1.32 once more and this time is has surpassed the April 4 high (1.3207) and pushed on, to set a new 2025 high, at 1.3221. To be honest though progress looks hard fought so far and once again mostly due to the EUR/GBP. This time it is because the EUR/GBP is lower, this morning dropping below 0.8600. The GBP/USD is right now at 1.3207
Market News
All News-
Nasdaq 100 continues to lead the way as the 4pm London Fix approaches
As the 4pm London FX fix approaches, the dollar is just coming back from earlier highs. That saw the EUR/USD fall back to 1.1456. It was just now... -
USD/JPY unfazed by lower than forecast Richmond Fed index
The April EU consumer confidence and US Richmond Fed indexes have just been released. The markets were expecting the EU consumer to feel a little less... -
US equity markets open higher and advance in early trade -check out the Nasdaq 100
As expected and priced into the futures beforehand, the US equity markets did open higher this afternoon and despite some initial wobbly price action...
