Posts Tagged ‘gbp’

  • The EUR/GBP overdoes it on International Bank Day

    Jul 6, 12 • 5117 Views • Market Commentaries Comments Off on The EUR/GBP overdoes it on International Bank Day

    Yesterday should have been called International Central Bank Day, with the Peoples Bank of China, the European Central Bank and the Bank of England all making headlines. The EUR/GBP traded quite volatile in the run-up the policy decisions of the BOE and the...

  • The EUR/GBP prepares for the Battle of the Central Banks

    Jul 4, 12 • 3228 Views • Forex Trading Articles Comments Off on The EUR/GBP prepares for the Battle of the Central Banks

    Yesterday, trading in the EUR/GBP cross rate was confined to a tight sideways trading range around the 0.8020 pivot. Monday’s correction of the euro had halted, but there was no appetite/news to send the single currency higher. The UK data neither provided...

  • The GBP Doesnt Measure Up Against the Euro

    Jun 28, 12 • 5292 Views • Forex Trading Articles Comments Off on The GBP Doesnt Measure Up Against the Euro

    On Wednesday, trading in the major sterling cross rates, including in EUR/GBP, was far less animated than was the case over the previous days. Initially, sterling held near the recent highs against the single currency, but there were no additional gains. The...

  • The Unsinkable EUR/GBP

    Jun 27, 12 • 2105 Views • Forex Trading Articles Comments Off on The Unsinkable EUR/GBP

    Yesterday, sterling was well bid, even as the news flow from the UK was not supportive for the currency. Uncertainty on the outcome of the EU summit was the key factor for trading in the major euro cross rates. However, sterling was an outperformer. EUR/GBP...

  • A peak at the Sterling and the Yen

    Jun 6, 12 • 971 Views • Market Commentaries Comments Off on A peak at the Sterling and the Yen

    Yesterday morning, the USD/JPY cross rate came under moderate pressure as the decline of EUR/USD and EUR/JPY weighed on the headline pair. USD/JPY reached an intraday low at 78.11 early Europe and settled slightly above that level during the morning session...

  • A Fundamental and Technical Look at the EUR/GBP

    Jun 5, 12 • 4767 Views • Forex Trading Articles Comments Off on A Fundamental and Technical Look at the EUR/GBP

    On Monday, London markets were closed. However, even with no UK economic news on the screens, trading in the EUR/GBP cross rate was quite interesting. The pair was seen in the high 0.80 area during the morning session in Europe. A new up leg in the euro...

  • The EURGBP techincally speaking

    The EUR/GBP Technically Speaking

    May 31, 12 • 911 Views • Forex Trading Articles Comments Off on The EUR/GBP Technically Speaking

    This week, trading in the EUR/GBP cross rate developed also in thin market conditions. The intra-day trading pattern was more or less similar to what happened in the EUR/USD headline pair. EUR/GBP reached an intraday top in the 0.8035/40 area. However, the...

  • The GBP Versus The USD And The EUR

    The GBP vs. the USD and the EUR

    May 9, 12 • 4941 Views • Market Commentaries Comments Off on The GBP vs. the USD and the EUR

    Yesterday, there was very little to tell on the price action in the EUR/GBP cross rate with little eco data coming off of a holiday on Monday. The pair remained in a narrow range roughly between 0.8050/75. The below consensus BRC shop price report and RICS...

  • The EUR, GBP, USD And JPY

    The EUR, USD, GBP And JPY

    May 2, 12 • 8931 Views • Market Commentaries 4 Comments

    The economic calendar is very busy today, after returning from a variety of holidays in Asia and Europe, markets are eager to get back to work. In Europe, investors look out for the final release of the April PMI. The advance reading was quite disappointing...

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