Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD reclaims 1.2700 as Dollar slips
The dollar is losing some traction this morning and that has seen the EUR/USD continue to try and force a sustained move back above its 21 day moving average. However, as of yet the move is not yet conclusive, as it flips one side and then the other of that 1.0945 level. At the same time the there has been no rebound to any degree in the EUR/GBP, so the higher EUR/USD has delivered a move to back above 1.27 in the GBP/USD. The gains seem quite hard fought though and come ahead of a whole batch of UK economic data due out at 9.30am GMT. The GBP/USD is just now setting session highs around 1.2709
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
