GBPUSD=X - GBP/USD
| Previous close | 1.409 |
| Open | 1.409 |
| Bid | 1.403 |
| Day's range | 1.401 - 1.409 |
| 52-week range | 1.2591 - 1.4377 |
| Ask | 1.403 |
- Investing.com•1 hour ago
Forex- U.S. Dollar Set to End Week on Strong Note
Investing.com - The dollar surged on Friday, driven higher by a rising yield on U.S. Treasury notes.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at a two-week high, rising 0.59% to 90.17 by 10:32 AM ET (14:32 GMT)U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. The yield on the United States 10-Year Treasury note rose to 2.940.Prices fall as bond yields rise. A spike in U.S. ...
- MarketWatch•2 hours ago
Here’s why the pound got whipped this week — and why it may bounce back to $1.44
Sterling kicked off the weak on a high note, rising to its strongest level since the Brexit vote. But enter disappointing data and a dovish Carney, and the rally has come to a screeching halt.
- MarketWatch•4 hours ago
Dollar climbs to 2-week high, boosted by rising Treasury yields, pound drop
The U.S. dollar heads higher against most rival currencies on Friday, helped by U.S. Treasury yields that rose on the back of a rally in commodity prices which pushed up inflation expectations.
- Investing.com•6 hours ago
Forex- U.S. Dollar Rises as Bond Yields Jump
Investing.com - The dollar was higher on Friday as the yield on U.S. Treasury notes rose to February levels and interest rate expectations offset trade war worries.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.27% to 89.88 by 5:13 AM ET (9:13 GMT).U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.437. The yield on the United States 10-Year Treasury note rose to 2.916.Prices fall as bond yields rise. A spike in U.S. ...
- FX Empire•9 hours ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 20, 2018
The Euro chopped around the 1.2350 level during the Thursday’s session using it as a support. The uptrend line underneath should continue to keep this market in the positive momentum and also attract a lot of buyers. It is believed that until this market breaks above the 1.25 level, it will continue to consolidate around the region.
- MarketWatch•9 hours ago
Pound crumbles after BOE’s Carney casts doubt over May rate hike
The U.K. pound continued to slide Friday after Mark Carney, the governor of the Bank of England, took markets by surprise and hinted that the British central bank could hold off raising interest rates next month. In an interview with the BBC, Carney highlighted a recent run of disappointing data and the uncertainty over the final Brexit deal as he tried to temper expectations. “Prepare for a few interest rate rises over the next few years.
- FX Empire•12 hours ago
GBPUSD Takes a Bearish Hit over EU & BOE Woes
The pair dropped lower on worries of weak economic data
- FX Empire•14 hours ago
Higher U.S. Treasury Yields Driving U.S. Dollar Strength
The current price action indicates that the relatively optimistic view about the U.S. economy should be enough to support the Fed’s notion to raise interest rates at least two more time in 2018. Some traders are even pricing in as many as three rate hikes.
- FX Empire•14 hours ago
British pound rallies during the Thursday session, showing signs of support again
The British pound has pulled back slightly at the open on Thursday, but then bounced enough to form a bit of a “W pattern” on the hourly chart. I believe that we are trying to break out to the upside again, but remember, this pair is going to be very choppy as the United Kingdom continues to discuss leaving the European Union.
- Investing.com•22 hours ago
Dollar Rides Steeper Yield Curve as 10Y Jumps Above 2.9%
Investing.com – The dollar remained close to highs against a basket of major currencies as surging bond yields offset earlier weakness in the greenback.
- Investing.com•yesterday
Forex- U.S. Dollar Little Moved, Sterling Rises
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.02% to 89.37 by 10:56 AM ET (14:56 GMT). The dollar was unmoved from mixed economic data. A separate report showed that the Philadelphia Fed's manufacturing index unexpectedly rose in April, to a reading of 23.2 from 22.3 in March.
- Investing.com•yesterday
Forex- U.S. Dollar Rises as Sterling, Euro, Fall
The dollar was higher on Thursday, while sterling fell after lower than expected retail sales. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.12% to 89.46 by 5:34 AM ET (9:34 GMT). Rising geopolitical and trade tensions have weighed on the dollar in recent months.
- FX Empire•yesterday
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 19, 2018
The pair was extremely choppy during the Wednesday’s session initially rallied towards the 1.2380 level but pulled back later in the day to test the 1.2350 level. This level has been both resistance and support level for the pair and may attract buyers. If it breaks below then it should fall towards the 1.21 level which is its next major support level. …Read MoreGBP/USD
- FX Empire•2 days ago
British pound has a violent session on Wednesday
The British pound broke down significantly from the 1.43 level, reaching down to the 1.4175 level before bouncing on Wednesday. This has been a very violent session, and it looks as if the recovery suggests that we are going to continue to go towards the 1.43 level again.
- FX Empire•2 days ago
GBP/USD Corrects on Account of Bad CPI Data
The pair has come under pressure due to choppy incoming data
- Investing.com•2 days ago
Dollar Falls Amid Inverted Yield Curve Warning Despite Loonie Slump
Investing.com – The dollar remained under pressure against a basket of major currencies despite a slump in the Canadian dollar as traders fretted dovish comments from a Fed official.
- Investing.com•2 days ago
Forex- U.S. Dollar Eases From Earlier Gains
Investing.com - The dollar eased back from earlier highs on Wednesday, as the Bank of Canada left rates unchanged and the pound and euro recovered from earlier losses.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.00% to 89.29 by 11:02 AM ET (15:02 GMT).The Bank of Canada (BoC) decided to keep its benchmark interest rate unchanged on Wednesday.As expected, the BoC said it was holding its overnight cash rate steady at 1.25%. ...
- Investing.com•2 days ago
Dollar Gains as Pound, Euro Fall to Day’s Lows
Investing.com - The dollar gained ground against a basket of the other major currencies on Wednesday as the pound and the euro both weakened after softer than expected inflation readings in the UK and euro zone.
- MarketWatch•2 days ago
Here’s the big caveat as the pound hits a post-Brexit-vote high
“On a trade-weighted basis, sterling is heading in the right direction, but there is still some way to go to recover the drop since Brexit,” he said. The U.K.’s biggest trading partner by far is the European Union, the bloc that the country is planning to leave after the Brexit referendum on June 23, 2016.
- Investing.com•2 days ago
Sterling Drops to Day’s Lows after UK Inflation Data
Investing.com - The pound fell to the day’s lows on Wednesday after data showing that Britain’s inflation fell to its lowest in a year in March, potentially diminishing the chances for a rate hike by the Bank of England next month.
- Investing.com•2 days ago
Dollar Rises Against Yen as Risk Appetite Sharpens
Investing.com - The dollar rose against the yen on Wednesday amid improving risk appetite as concerns over trade friction between the U.S. and China and tensions in the Middle East subsided.
- MarketWatch•2 days ago
Dollar edges up, helped by pound’s fall after disappointing U.K. data
The U.S. dollar mostly gained on its main rivals Wednesday, getting a lift from a tumble for the British pound after disappointing U.K. inflation data. Traders are due to get a couple of Federal Reserve speeches and the central bank’s Beige Book report later in the day. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB)rose to 89.663, up from 89.497 late Tuesday in New York.
- FX Empire•2 days ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 18, 2018
The pair failed to rally above 1.24 level during the Tuesday’s session as it got too resistive to cross over and dropped towards the 1.2350 level. If the market breaks further then the uptrend line underneath will act as a major support line. The British Pound initially rallied during the Tuesday’s session but the area found to be too resistive to go higher and fall back reaching the 1.43 level.
- FX Empire•3 days ago
British pound drift lower on Tuesday towards vital support
The British pound has initially tried to rally during the trading session on Tuesday but found enough resistance near the 1.4375 level to roll over and fall towards the 1.43 handle again. The market should continue to be noisy, but I think that the 1.43 level could be an area of interest.
- FX Empire•3 days ago
GBP/USD Corrects But on Target for 1.45
The pair has been chopping around for the past couple of days
