iPathSM GBP/USD Exchange Rate ETN Blog | Talkmarkets | Page 1
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Hammond Hammers The The Pound With Lower Forecasts
Article By: Yohay Elam
Wednesday, November 22, 2017 12:18 PM EST
UK Chancellor of the Exchequer Phillip Hammond delivered the budget in the British parliament. GBP/USD was trading around 1.3250 ahead of the speech, entrenched in the recent range: between 1.3220 to 1.3270.
In this article: GBB Also: FXB
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FOMC, ECB Minutes On The Docket As Euro, USD Remain Indecisive
Article By: DailyFX
Wednesday, November 22, 2017 10:36 AM EST
Tomorrow brings Thanksgiving in the United States, but before we get to that, we get FOMC meeting minutes this afternoon and ECB meeting minutes tomorrow morning.
In this article: ERO, FXA, GBB, JYN, UDN
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Pound Slides, Then Rebounds, After Hammond Reveals Sharp Cuts To UK GDP Forecast
Article By: Tyler Durden
Wednesday, November 22, 2017 9:23 AM EST
After the GBP initially dropped on the lower GDP forecasts, it has since rallied after Hammond finished speaking, in what Citi said was a "relief rally" as there were no "banana skins and government safe. Relief trade here."
In this article: GBB
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Using Gold To See Where The Dollar Will Move Next
Article By: Macro-Ops
Wednesday, November 22, 2017 8:13 AM EST
Commodities are priced in dollars. Global trade is done in dollars. And the majority of international funding is in USD.
In this article: ERO, GBB, GLD, UDN
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EUR/USD Challenges 1.1750 Resistance Of Wedge Pattern
Article By: Chris Svorcik
Wednesday, November 22, 2017 5:45 AM EST
The EUR/USD potential breakout above resistance could indicate a continuation of the uptrend within a wave 5 of wave 3.
In this article: ERO, GBB, JYN
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