GBP/USD fluctuates around 1.0750 as the BoE’s intervention in the bond markets easied worries – by christianborjon GBPUSD Majors Macroeconomics BOE Bonds
At the time of writing, the GBP/USD is trading at 1.0748, above its opening price amidst a volatile trading session, after hitting a daily high/low of 1.0837/1.0537 as concerns over the UK economy increased.
The result of the BoE’s intervention helped to drop yields in the 30-year bond rate falling 100 bps or 1 one percent, its most significant drop dating back to 1992. At the same time, the GBP/USD has recovered some ground so far, though it would likely remain fragile unless the government calms investors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
GBP/USD Signal: Pound Sterling Could Have a Relief RallyThe GBP/USD crash to a record low in the overnight session even after assurances by the Bank of England (BoE) and the UK\u2019s Treasury Department.
Lire la suite »
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPYThere’s panic in FX and major currencies like the GBP are reacting in a troubling manner. Seems to be a disconnect between FX and bonds versus stocks, which are still grasping on to supports, even as panic is getting priced-in to FX and bond markets.
Lire la suite »
GBP/USD back into negative territory after BoE statementThe GBP/USD pair is at the lowest level since the European session following a statement from the Bank of England and also amid risk aversion. Cable i
Lire la suite »
GBP/JPY dribbles around 155.50 amid BOE vs. BOJ action, pullback in yieldsGBP/JPY consolidates the previous day’s losses around 155.60 as traders seek more clues amid the mixed performance of the Bank of England (BOE) and th
Lire la suite »
USD/CAD fluctuates around 1.3730s, below the YTD high above 1.3800, as sentiment turns sourUSD/CAD fluctuates around 1.3730s, below the YTD high above 1.3800, as sentiment turns sour – by christianborjon USDCAD Majors Currencies Fed Macroeconomics
Lire la suite »
GBP/JPY Price Analysis: Fluctuates around 155.00 as a bullish harami form, targeting the 200-DMAGBP/JPY Price Analysis: Fluctuates around 155.00 as a bullish harami form, targeting the 200-DMA – by christianborjon GBPJPY Currencies Crosses Technical Analysis
Lire la suite »