EURGBP - Pound Sterling Today: European PMI Confidence Data Crucial For GBP/EUR, GBP/USD
23-11-2023 02:47
Market optimism for a US soft landing and interest rate peak has supported the Euro and Pound, but without US economic woes, further dollar declines are unlikely. The EUR/USD and GBP/USD fluctuated ...
FX Daily: No turkey for dollar bears
Today, FX flows will be subdued due to the Thanksgiving holiday. Equity and bond markets are closed, and there are no data releases in the US. Part of the rebound in the dollar observed over the past ...
EUR/USD stays bid while EUR/GBP stabilizes and USD/CNH remains under pressure
Outlook on EUR/USD, EUR/GBP and USD/CNH amid a plethora of European manufacturing and services PMIs and as China’s government aids its property sector.
EUR/GBP gains traction above 0.8700, eyes on Eurozone, UK PMI data
Traders will closely monitor the Eurozone and UK PMI data on Thursday.
Pound Sterling Falls As OBS Growth Downgrade Overshadows UK Tax Cuts
The US dollar is broadly higher following a lower-than-expected reading on Unemployment Claims. This has pushed EURUSD lower to 1.087 from a Tuesday high of 1.096. GBPUSD is also lower and showing ...
