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Services PMI Eases Concer ...

The Great Britain pound gained today after a report showed that UK service industries advanced last month, easing concerns ab

posted by commodityblog 1 day 1 hour 26 minutes ago read more >>
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GBP/USD capped at 1.5841 ...

The Asian session upside got capped at 1.5841 on London opening and gave room for a downward bounce to 1.5813.

posted by FXstreet 1 day 8 hours ago read more >>
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GBP/USD Daily Asia Outloo ...

(Dow Jones via eFXnews) GBP/USD - to consolidate in lower range as markets await U.S. non-farm payrolls report.

posted by sbx 1 day 13 hours ago read more >>

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Singapore Stocks-Poor SIA ...

----------------------MARKET SNAPSHOT @ 0007 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1325.54 0.11% 1.450 USD

posted by macoleth 1 day 12 hours ago read more >>
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GBP/USD Fundamental Analy ...

The most encouraging with the unexpected drop in unemployment claims. Combined with Fed Chairman Bernanke's comments the USD

posted by busybee 1 day 18 hours ago read more >>
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USD/CHF Fundamental Analy ...

The USD/CHF trading at 0.9171 up from the opening. The USD gathered strenght through out the day on positive economic data an

posted by marybrian 1 day 16 hours ago read more >>
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EUR/GBP Confirming Bearis ...

The 4H EUR/GBP chart shows a market breaking below a rising wedge to start this week. Price action was heavy, but the market

posted by FXTimes 2 days ago read more >>
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EUR/GBP Fundamental Analy ...

Economic Events: (GMT)

07:00 CHF Trade Balance

posted by FXEmpire 2 days ago read more >>
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USD/CHF Fundamental Analy ...

Productivity and labor-related inflation are directly linked-a drop in a worker's productivity is equivalent to a rise in the

posted by realtrade 2 days ago read more >>
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What’s Happening With C ...

Risk is the term of the day, as equity market gains are providing a platform for major currencies to work off of. The Euro i

posted by forexalliancecom 2 days ago read more >>
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British Economy Doing Better Than Expected, But Pound Printi

posted by Avatar forexcrunch 1 day 8 hours ago in GBP

Purchasing managers’ indices in the UK were generally better than expected and pointed to growth in January. The chances of an official recession are now lower.

Nevertheless, even if Britain escapes another quarter of contraction, the QE train  read more
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EUR/GBP Fundamental Analysis February 3 , 2012, Forecast

posted by Avatar FXEmpire 1 day 8 hours ago in EUR, GBP, Fundamental

The Services Purchasing Managers’ Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys c  read more
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GBP/USD Fundamental Analysis February 3 , 2012, Forecast

posted by Avatar FXEmpire 1 day 8 hours ago in USD, GBP, Fundamental

The Services Purchasing Managers’ Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys c  read more
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GBP/USD Forecast February 3, 2012, Technical Analysis

posted by Avatar FXEmpire 1 day 8 hours ago in USD, GBP, Technical

GBP/USD pulled back to the 1.58 level on Thursday, showing that the area is indeed important. The breaking above this level showed significant strength, and as a reminder, it offered support at the end of the session yesterday.

The area should  read more
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EUR/GBP Forecast February 3, 2012, Technical Analysis

posted by Avatar FXEmpire 1 day 8 hours ago in EUR, GBP, Technical

EUR/GBP fell during most of the session on Thursday, but found a bounce in the late hours to form a hammer. The pair has been running into support at the 0.8280 level, and it looks as if the area will become a good point in which to sell if we ge  read more
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Market Factors to watch - Feb 3

posted by Avatar JoryEd 1 day 13 hours ago in USD, EUR, JPY, GBP, CAD

PRESS DIGEST - ExxonMobil agrees to increase output at Cepu block-BP Migas Oil and gas regulator BP Migas said ExxonMobil have agreed to increase oil production at the Cepu block to 27000 barrels per day (bpd) this year from the current rate of 22000 ...  read more
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USD Outlook Hinges On Bernanke Testimony, Euro Carves Lower Top

posted by Avatar eriathwen 2 days ago in USD, EUR, GBP

As the central bank head is scheduled to testify in front of the House Budget Committee at 15:00 GMT, comments from Mr. Bernanke will heavily influence the USD, and we may see the chairman strike a more balanced tone for the economy as the recovery ...  read more
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GBP/USD Steps Up Slowly, But Surely

posted by Avatar freshmint 2 days ago in all, USD, GBP

On Wednesday Pound/Dollar continued increasing with 180 pips. The Cable appreciated from 1.5705 to 1.5883 yesterday, in line with the positive Interbank sentiment at above +38%, closing the day at 1.5831. Today the British Pound is trading quietly, ...  read more
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More Gains Likely For GBP/USD - BarCapr

posted by Avatar sbx 2 days ago in USD, GBP, Technical

(Dow Jones via eFXnews) More gains likely for GBP/USD, says Barclays Capital, with the break above 1.5780 suggesting gains toward 1.5890 and the 200-day moving average at 1.5955.

The bank says the ...  read more
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Pound Down as Construction in Britain Slows

posted by Avatar commodityblog 2 days ago in USD, GBP, Fundamental

The Great Britain pound erased its gains versus the US dollar and fell against the Japanese yen today after the report showed that UK construction growth slowed last month.  read more
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GBP/USD flat ahead of PMI data

posted by Avatar kimclaud 2 days ago in USD, GBP

Positive data in the UK economy would play its role in trying to avoid a negative print in the first quarter and could add extra pressure to the BoE regarding further increments in the Assets Purchase Programme (+ 25-75 bn) next week.  read more
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GBP/USD Forecast February 2, 2012, Technical Analysis

posted by Avatar FXEmpire 2 days ago in USD, GBP, Technical

GBP/USD rose during the session on Wednesday as the 1.58 level gave way. However, the 1.59 held and has pushed the pair back significantly. This recent thrust has been very positive, and a break of 1.58 is certainly a sign of strength by the Poun  read more