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EURGBP - Fed minutes in focus, as fiscal stimulus chatter continues
Needs to move back above the 1.2260 area to prompt further gains back to 1.2380. EURGBP – a potential weekly reversal after the multi-year high at 0.9325 last week, raises the prospect that the top ...
GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News
Prior to looking at the daily timeframe for EURGBP, it’s better to look at the monthly timeframe. Recent price action has challenged the August 2017 high, in turn attempting to breakout of a sideways ...
FOREX-Dollar weakens as U.S. yields resume slide
* Investors brace for dovish Fed at Jackson Hole * U.S. yield curve steeper, but may invert again * Pound plunges vs euro, dollar * Euro flat as markets focus on Italy * Graphic: World FX rates in ...
European stocks recover before Fed minutes, Jackson Hole gathering
Sterling was down 0.3% at $1.2134 GBP=D3 and 0.2% against the euro at 91.405 pence EURGBP=D3. In commodities markets, U.S. crude CLc1 rose 17 cents to$56.30 per barrel. Brent LCOc1 added 23 cents ...
EUR/GBP to consolidate losses in short-term; bullish in medium-term
EURGBP registered sharp losses for the first time after 14 weeks following the peak to an almost decade high of 0.9323. The market switched to consolidation this week, moving sideways around the ...