Tag - gbp

How deep may pound dip?
How deep may pound dip?

The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.

ECB Decision
ECB Decision

ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.

Markets Looking for Direction
Markets Looking for Direction

With no major U.S. economic reports scheduled for release today, the U.S. dollar is set to take its cue from political and pharmaceutical headlines.

Risk Appetite Returns
Risk Appetite Returns

Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.

Risk Averse Lead Markets
Risk Averse Lead Markets

Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.

EUR/USD Remains Quiet Before ECB
EUR/USD Remains Quiet Before ECB

The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.

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