Daily Articles About GBPUSD
S&P500 Within 1% of Record High!
Good Morning. The benchmark US stock index is unbelievably back to within 1% of new record highs after US President Trump signed executive orders to extend stimulus. Today there is UK unemployment stats and earnings from Softbank.
GBP/USD hits new 2021 low
Market action was slow with US markets closed for the Thanksgiving holiday. The US dollar dipped, while European stocks bounced off a 2-week low to finish higher.
Another NFP Record & GBP/USD
Friday’s economic focus will be service sector PMIs from across the globe starting with China. The mood is mixed across markets with US stocks finishing the week higher, while havens like the dollar and US Treasuries gained after a record NFP report.
GBP/JPY hits a 5-year high on UK rate hike bets
The British pound reached a 1-month high over the dollar (5-year high vs the yen) on speculation for a UK rate hike. Global stocks hit a 1-month high.
GBP/USD jumps through 1.30 as Brexit deadline extended
There was relief for Sterling-buyers after the UK shelved the idea of walking away from Brexit talks at the EU Summit tomorrow. Stock markets stuttered again as bank earnings disappointed and hopes of pre-election US stimulus faded further.
Pound highest in 3 years
Sterling reached a 3-year high. The slump in tech stocks carried shares of Tesla heavily lower. Wall Street finished mixed, gold was flat above $1800 and the dollar gave up early gains after testimony from Fed Chair Powell.
