Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD rises to best levels of the week after ISM disappoints
There have been many reactions to the latest US ISM data missing on forecasts and that has seen the dollar come under pressure. It has also seen Bitcoin rise to a new record high, but more on that in a minute. The Pound has taken full advantage of this weaker than forecast US data, made worse by a significant miss on the latest factory goods orders too. So, the GBP/USD has now lifted to its best levels of the past couple of weeks, as it lifts above 1.2725. The high seen so far has been set at 1.2735. It is off that high right now though, currently trading at 1.2718
Market News
All News-
Bitcoin vaults 99k but can it reclaim 100k?
The price action across the dollar is mixed now and since the last update here that has seen the Yen rise even further. The GBP/USD and EUR/USD might... -
Well pick the bones out of that- EUR/USD falls back with GBP/USD
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
-
US stock futures on the rebound as US yields slip- S+P 500 set open higher now
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
