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Pound Retreats Following BoE Decision
As expected, the Bank of England maintained key rate at 0.75 percent and quantitative easing at GBP 435 billion. The pound pulled back against...
Posted On 20 Jun 2019
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//GBP
10 candidates for the post of British Prime Minister and 4 scenarios for the pound
American bank JPMorgan Chase downgraded its annual forecast for the pound to $ 1.29 from $ 1.35- $ 1.36 against the background of increased...
Posted On 11 Jun 2019
Pound Mixed Ahead Of U.K. Mortgage Approvals
At 4:30 am ET Friday, Bank of England is scheduled to issue mortgage approvals for April. Economists forecast mortgage approvals to rise to...
Posted On 31 May 2019
Pound Falls Vs Most Majors Ahead Of U.K. Labor Data
At 4:30 am ET Tuesday, U.K. labor market statistics is due. ILO jobless rate is expected to rise by 4.0 percent for three months ended February...
Posted On 16 Apr 2019
Pound Slides Ahead Of U.K. GDP Data
The U.K. GDP data for the fourth quarter and mortgage approvals for February are due at 5:30 am ET Friday. Ahead of these data, the pound fell...
Posted On 29 Mar 2019
Pound Strengthens Despite Brexit Worries
The pound strengthened against its key counterparts in the Asian session on Wednesday, despite the Brexit deal being voted down for the second...
Posted On 13 Mar 2019
Pound Trades Higher As May Attains Changes To Brexit Deal Ahead Of Crucial Vote
The pound strengthened against its major counterparts in the Asian session on Tuesday, as the U.K. Prime Minister Theresa May secured significant...
Posted On 12 Mar 2019
Pound Slightly Down After U.K. Labor Data
Following the release of U.K. labor market statistics at 4:30 am ET Tuesday, the pound dropped slightly against its major counterparts. The pound...
Posted On 19 Feb 2019
Sterling Rises as Traders Bet on a Brexit Deal
The sterling has been one of the most watched currencies this year. This is because of the ongoing Brexit uncertainty in the United Kingdom. As...
Posted On 22 Jan 2019
GBP Holds The Line As May Suffers Historic Defeat
In line with expectations, Theresa May’s Brexit bill was voted down in Parliament yesterday. However, the scale of motion against her far...
Posted On 16 Jan 2019
Pound Strengthens After May Says Voting Down Brexit Deal Risks 'No Brexit'
U.K. Prime Minister Theresa May’s warning before the Parliamentary vote that rejecting the Brexit deal risks “no Brexit...
Posted On 14 Jan 2019
Forecast for GBP/USD for December 5, 2018
GBP/USD The correction on the British pound yesterday took place even higher than the area we expected, the limiter was the balance line of the...
Posted On 05 Dec 2018
In December, the pound may soar above $ 1.43
According to NatWest Markets, a subsidiary of Royal Bank of Scotland Group, this year, the pound sterling rate may rise to $ 1.43 and higher if...
Posted On 01 Dec 2018
The pound goes into clinch
The resignation of Dominic Raab turned into another “Black Thursday” for the pound. The ex-secretary of Brexit said that the option...
Posted On 20 Nov 2018
A repeat Brexit referendum could send a pound to $ 1.10
Today, many investors admit that working with the pound has become similar to playing in a casino, all or nothing. According to them, the...
Posted On 19 Nov 2018
GBP/USD Technical Analysis: A Decisive Week Ahead
Last week, the pound continued its upward trend against the dollar settling at the 1.3746 level. It is currently trading at the same level it was...
Posted On 15 Jan 2018
Daily analysis of GBP/USD for January 12, 2018
The pair is consolidating the price action below the 200 SMA after having found a strong resistance at the 1.3589 level. So far, the next target...
Posted On 12 Jan 2018
Fundamental analysis of GBP/USD for January 10, 2018
GBP/USD has been quite volatile and corrective recently, forming a squeeze towards the resistance level of 1.3610. GBP has been the dominant...
Posted On 10 Jan 2018
Fundamental Analysis of GBP/USD for December 19, 2017
GBP/USD has been very volatile recently residing above the 1.33 support area. Last week GBP gained some momentum having unchanged Official Bank...
Posted On 18 Dec 2017
THREE USD MARKETS POINT ONE WAY!
We’ve got an indication today of how much the idea of Bitcoin has penetrated society. FOMC member Dudley says that the Fed is starting to...
Posted On 04 Dec 2017
Daily Market Report – GBP/USD needs a bullish spark August 21, 2017
GBP/USD Could Buyers Take It Higher? GBP/USD Posted little gains today and needs a spark to be able to start another bullish momentum. Is trading...
Posted On 21 Aug 2017
Daily Market Report – EUR/GBP Gaining Pace August 14, 2017
EUR/GBP Breakout Favored EUR/GBP is still bullish on the Daily chart and looks motivated to take out a dynamic resistance. Price is going higher...
Posted On 14 Aug 2017
GBP Falls From Yearly High as BOE Lowers UK Growth Forecasts
The British pound (GBP) fell towards the $1.3100 level against the US dollar (USD), after the Bank of England (BOE) left its key interest rate...
Posted On 07 Aug 2017
GBP/CHF: Short-term weakness should be followed by resumption of bull trend
The larger pattern in the GBP/CHF remains bullish given the following: Decisive breakout of Head and Shoulders Bottom and also breakout above the...
Posted On 15 May 2017
Bullet Report: British Pound Collapses to 2 month low.
The markets have traded in a tight range during the Asian session but Europe has started with a bang. GBPUSD is already trading 100 pips lower...
Posted On 14 Mar 2017
Sterling receives a severe pounding
On a quiet day in US markets, John Authers looks at a sharp fall for the pound following a doveish report from Mark Carney of the Bank of...
Posted On 02 Feb 2017
2017 FX Outlook – the pound, the euro and the US dollar
2016 was a year full of market surprises and shocks. The pound made some drastic losses, the euro limped along, while the US dollar ended the...
Posted On 03 Jan 2017
Friday Lookback
Welcome to the easyMarkets weekly review where we look back over the results of some of this week’s economic indicators. It gives us the...
Posted On 30 Dec 2016
Daily analytical report (28/12/16)
%VIDEO% Nasdaq sets new highs after breaking the upper line of the rectangle. Brent chooses pennant instead of head and shoulders and goes...
Posted On 28 Dec 2016
Monday 18th May: European Open Briefing
Global Markets: Asian stock markets: Nikkei gained 0.70 %, Shanghai Composite rose 0.05 %, Hang Seng declined 0.80 %, ASX fell 0.90 %...
Posted On 27 Dec 2016
How To Trade Brexit: What You Really Need To Know
We get a lot of emails asking how to trade Brexit. This post will look at this question in more detail and I will share my personal opinion on...
Posted On 18 Dec 2016
Bullet Report: Dollar at 14-year peak as Fed rejuvenates Trump-rally
As expected, the FOMC increased interest rates by .25 bp to 0.75% and they project 3 possible rate-hikes in 2017. Also, the Federal Reserve...
Posted On 15 Dec 2016
The pound goes bump in the night
John Authers analyses the drivers behind the sharp sterling sell-off. The biggest consequence could be a rise in UK inflation expectations ►...
Posted On 10 Nov 2016
How Refugees Can Help Britain’s Economy Post-Brexit
In the aftermath of Brexit, British politicians have strategically avoided the refugee crisis. Even while campaigning for the EU referendum, the...
Posted On 10 Nov 2016
How Brexit May Affect Traders in the Next 12 Months
Traders got a taste of Brexit-induced volatility following the historic June 23 referendum, where Britons voted to leave the European Union (EU)...
Posted On 04 Nov 2016
What Caused the GBP Flash Crash
This new infographic reveals just how the GBP flash crash in October 2016 unfolded. As Top10 Forex VPS explain, it created the GBP/USD’s lowest...
Posted On 26 Oct 2016
A Year’s End Outlook on the US Dollar and British Pound
For completely different reasons, 2016 certainly hasn’t been kind to the US dollar and British pound. The US dollar is trading negatively...
Posted On 25 Oct 2016
Bullet Report – EURUSD collapses after ECB Press Conference.
Today’s data events are quiet with no major news release expected around the globe. Yesterday’s key event was the ECB Rate Decision...
Posted On 21 Oct 2016
Will the USD make new highs, or have we seen a temporary bottom?
Today’s marketing moving announcements are Labor market data from the UK for august, and Housing data from the US. There are also some FED...
Posted On 19 Oct 2016
Hot Topic – GBP Vulnerability
If there’s something the Flash Crash of the GBP showed us a week ago its that since the Brexit referendum in June the pound is skating on...
Posted On 18 Oct 2016
CPI Pulse: NZD, GBP, USD To Report Fresh Inflation Data This Week
CPI Pulse: New Zealand (NZD), United Kingdom (GBP) and United States (USD) To Report Fresh Inflation Data This Week The consumer price index...
Posted On 17 Oct 2016
What Caused the GBP Crash
Evdokia Pitsillidou, Director of Risk, easyMarkets A quick glance at the forex charts of the pound pairs is enough for one to conclude that...
Posted On 17 Oct 2016
Brexit Roundup: What Investors Need to Know
The British pound’s latest selloff has raised fresh concerns about Britain’s plans to exit the European Union. Sterling plunged to...
Posted On 12 Oct 2016
Pound’s sudden slip baffles the markets
At the beginning of Friday’s Asian session the value of the pound unexpectedly nosedived both against the US dollar and the euro. The...
Posted On 10 Oct 2016
The pound fell back to near Brexit lows (news: 26/09/2016)
Today’s Press The pound fell back to near Brexit lows The currency is down 0.2% at 1.2933 against the dollar as of 7:33 a.m. ET — not that...
Posted On 26 Sep 2016
Bullet Report: Dollar comes back ahead of FOMC, GBP Collapses under 1.30
This week starts with no major economic announcements for release. On Wednesday however, the long anticipated FOMC rate decision will take place....
Posted On 19 Sep 2016
Bullet Report: BoE and SnB in Focus today. US Retail Sales in focus
There are many market moving events in the calendar today, including 2 Central Bank Rate Decisions and US Retail Sales. Bank of England is widely...
Posted On 15 Sep 2016
Bullet Report: Markets Could Crash Further According to this Index
After a relatively calm start to the week, volatility has returned to the market. Most action is seen in Stock markets, with the global selloff...
Posted On 14 Sep 2016
Hot Topic – US dollar slides
The USD ended last week taking a pounding against the other major currencies including the GBP, the YEN, EURO, Swissy and the CAD. It only...
Posted On 23 Aug 2016
UK retail sales data defy Brexit impact
UK consumers defied projections made about the economic consequences of the Brexit result as retail sales increased during the month that...
Posted On 22 Aug 2016
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use Privacy Policy