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Given on-going Brexit uncertainty, a rate hike seems unlikely this year. OTC outlook: Addition of negative bids has been observed in the GBPUSD risk reversals for shorter tenors. While positively ...
Risks to the economic outlook for the UK remain tilted to the downside amid the ongoing Brexit uncertainty. This has gained in prominence with no-Brexit risks back on the rise after Boris Johnson ...
GBPUSD reactivated the downtrend started from the 1.3380 peak to reach a fresh six-month low of 1.2510 on Tuesday. Technically, the pair could lose further momentum as the MACD is crossing below its ...
EUR/USD has dropped below 1.1200 as ECB President Mario Draghi said cutting rates remain part of the toolkit. He also opened the door to more QE and other measures. GBP/USD is trading below 1.2550, ...
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