Barbara Zigah | TalkMarkets | Page 2
Journalist, Author, Blogger
Contributor's Links: Daily Forex
Barbara Zigah is a freelance journalist living in Ghana, who specializes in Forex-related content; her online work has appeared in the IB Times, NASDAQ, TalkMarkets, Benzinga, and Seeking Alpha. Barbara was awarded a B.Sc. degree in Finance from the University of Maryland many many years ago (she ...more

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Pound Higher As Focus Shifts To Monetary Policy
The Pound Sterling was higher against the Dollar and Euro today, taking a breather from a losing streak which had lasted six weeks.
PM Successor Concerns Weigh On GBP
Concerns about the successor to Theresa May have upstaged Brexit worries in the short term and are keeping the Pound trading close to a 4-month trough.
Euro Lower On PMI Data
The common currency Euro slipped to a 1-week trough against the US Dollar after the latest economic data from the Eurozone raised concerns that the Eurozone economy is struggling for traction.
Tepid Reception For UK CPI Data
The GBP/USD was trading at $1.305, up 0.107%; the pair has ranged from a trough of $1.3032 to a peak of $1.3067 in today's trading session.
Pound Higher Ahead Of Data
While in the long run, the Brexit will drive Sterling, in the short-term it will be economic data, and in the week ahead markets will see the release of labor figures and inflation data.
Pound Traders Still Hopeful
Traders are still trying to push the Pound Sterling higher against the US Dollar as the sentiment shifts to favorable as regards the Brexit negotiations.
Labor Data Lifts Sterling
The latest labor data from the UK helped to push the Pound Sterling above the $1.29 level during London trade on Tuesday.
Pound Lower After PMI Disappointment
The specter of a disorderly Brexit with no deal on the table is once again looming large over the Pound Sterling.
Pound Higher On Labor News
News that the UK labor market was stronger than had been predicted helped to briefly lift the Pound Sterling out of the doldrums.
Sterling Lifted On Hope For Better Outcome
Sterling remained not far from the recently struck 2-month peak against both the US Dollar and the Euro on investor uncertainty.
Brexit Rumors No Help To Sterling
Though currently lower, the Pound continues to trade close to a 1-week peak versus the US Dollar.
AUD/USD Higher On Trade Hopes
In the higher risk asset space, the Aussie Dollar edged higher against the greenback on growing hopes that there will be some progress in the trade discussions between the US and China.
Yen Higher As Nervous Jitters Grow
The Japanese Yen edged higher in Asian trade on Friday as renewed trade tensions between the United States and China revived fears of a global growth slowdown.
Brexit Concerns Dampen Pound Sentiment
With a deteriorating economic outlook a possibly inevitable result of a hard Brexit, the Pound continued to slide against its two major counterparts, the US Dollar and the common currency Euro.
Euro Lower After Italy Budget Submission
The Euro remained close to the $1.13 level during trade in London on Wednesday as FX traders wait to see how the European Commission responds to Italy's re-submission of its 2019 draft budget.
Hopeful Brexit News Lifts Pound
News that a Brexit deal, albeit still in draft form, was struck between the British government and the European Union was enough to provide a lift for the Pound Sterling.
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