Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD upended by dollar rebound
Earlier today I noted that the GBP/USD could rise further if the dollar would allow it. Well, following the release of the latest US CPI report, the dollar has bounced back and thwarted any immediate chance of the pound making further progress. The GBP/USD was trading at around 1.2775 just as the US CPI data emerged and since then it has traded back to a low at 1.2703. The GBP/USD is a little higher right now, but in view of this US rebound it might struggle to have another look at the 1.28 handle today. The GBP/USD is currently trading at 1.2725
Market News
All News-
Bitcoin reverses lower as Nasdaq 100 losses mount
Well, if ever you wanted further confirmation of the very close link between the Nasdaq 100 and Bitcoin these days, then there is no better than what... -
Brent rebound continues close to $74
The further gains in the price of WTI and Brent came a little unstuck yesterday afternoon and that saw the price of Brent for May delivery fall back... -
DAX turns lower again
Earlier today updates here noted the fall back in the DAX. The index dropped from an early session high at 23,204 seen right on the opening. The fall...
