By FXStreet Analysts at Scotiabank explained Cable has more than fully reversed the late Friday surge to 1.44 that followed news of the UK’s “Brexit” deal with the
By FXStreet Noting key releases this week, Analysts at UOB Group explained, US equities closed mixed on Friday, recovering most of their opening losses, whilst US Treasuries saw
By FXStreet Analysts at Scotiabank noted the recent declines in Sterling on Brexit fears. Key Quotes: “The GBP has come under heavy selling pressure on the day, reversing
By FXStreet EUR/GBP met supply at 0.7844 after an opening bullish gap on the weekend news when Sterling came under pressure in a polarized looking referendum on whether
By FXStreet The Markit flash US manufacturing PMI for February released today showed the pace of expansion in the activity dropped to lowest level since Oct 2012. The
By FXStreet Heightened Brexit fears and the resulting broad based sell-off in Sterling pushed the GBP/JPY pair to a 27-month low of 159.13. Hammered despite uptick in equities
By FXStreet EUR/USD is nose-diving at the beginning of the week, testing the 1.10 handle for the first time since early February. EUR/USD lower on risk-on returnA generalized
By FXStreet The buying interest around the Canadian dollar is dragging USD/CAD lower today, now testing lows in the 1.3700/1.3690 band. USD/CAD lower as oil gathers paceThe barrel
By FXStreet Senior Analyst at Danske Bank Morten Helt suggested the pair could test the 120.00 area in a 3-month horizon. Key Quotes“JPY appreciation has accelerated in 2016