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In particular, LCH is clearing FX Forwards on eight currency pairs: AUDUSD, EURUSD, GBPUSD, USDJPY, USDCHF, EURJPY, EURCHF, EURGBP with physical delivery. Commenting on the announcement, Paddy Boyle, ...
Sterling slid as much as 0.6% against the dollar to $1.2748 GBP=D3, and shed 0.5% versus the euro to as low as 86.81 pence EURGBP=D3, before steadying and recouping some losses. The pound has surged ...
Sterling slid as much as 0.6% against the dollar to $1.2748 GBP=D3, and shed 0.5% versus the euro to as low as 86.81 pence EURGBP=D3, before steadying and recouping some losses. The pound has surged ...
Thus, the lows around 1.20 may well be a bottom for GBPUSD for the foreseeable future. View photos The EURGBP reached its peak near 0.93 in August, after which it turned sharply down, and now is ...
Summarizing, bears are expected to keep driving EURGBP lower, though they look to be running out of fuel, signaling that negative momentum is close to stalling. The downside trend, however, could ...