With Brexit being the last-minute breakthrough - or a failure - possibility, let's review the layout for the GBP against the EUR and the USD. We will review oil, gold, and other Forex assets too - and don't forget the US and the UK interest rates this week!
Tag - gbp
There are three main market drivers these days: vaccine, Brexit, and US stimulus package.
Vaccine news, Brexit developments, and hopes for the US stimulus package are the main market drivers! How to start the week?
UK PM Johnson: It is looking very, very likely we will have a no-deal Brexit
The BOE will announce its monetary policy and rate decision on Thursday at 14:00 MT time.
The ECB statement and US unemployment claims will be out today. How the market will react?
US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.
It’s possible that the EU and the UK can’t make a deal. Let’s look at how this scenario will impact the pound.
GBP/USD is heading for the fifth week of gains. Will the rally up continue or stop?
S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.