Fiona Cincotta
GBP/USD: Pound Slumps For 5th Consecutive Session
OBR forecasts budget deficit 15.2% of GDP and -35% GDP contraction Q2
Trump threatens to cut ties with China
US retail sales -12%...
GBP/EUR: Pound Slumps As Budget Deficit Hits 15.2%
The Pound is moving lower in early trade on Friday, snapping a two-day winning steak. The Pound Euro exchange rate settled on Thursday +0.1%...
AUD/USD: Aussie Sinks As Covid-19 Hits Australian & US Labour Markets
The selloff in the Australian Dollar has gathered pace after the release of worse than expected US initial jobless claims data and following dismal...
USD/INR: Risk Aversion Overshadows Modi’s Rescue Package
Rupee pares rescue package inspired gains from earlier in week
Jerome Powell sparks risk off trading after warning of extended economic recovery
5...
USD/PKR: Pakistani Rupee Advances Ahead Of Friday’s Rate Decision
The Pakistani Rupee is picking up off a two week low struck in the previous session. The Rupee weakened to 161.53 on Wednesday, before...
GBP/AUD: Aussie Dollar Drops As Covid-19 Ravages Australian Labour Market
The Australian Dollar is weakening versus the Pound on Thursday paring gains from the previous two sessions. The Australian Dollar eked out a positive...
EUR/USD: Euro Extends Decline In Risk Off Trading
Federal Reserve Chair Jerome Powell dashed hopes of quick economic recovery
5 million more Americans expected to have claimed unemployment benefit
German inflation...
GBP/USD: Pound Skids Lower On Rising Economic Fears
The Pound is moving southwards for a fourth straight session on Thursday. The Pound US Dollar exchange rate settled on Wednesday at -0.3% at...
GBP/EUR: Pound Edges Lower On Downbeat Fundamentals
UK GDP -2% Q1 vs -2.5% exp.
BoE could do more to support economy
German inflation to +0.4% MoM, Spain -0.7% MoM
GBP/EUR...
AUD/USD: Australian Dollar Pares Gains Post Fed Powell’s Speech
Australian consumer confidence jumps +16.4% in May vs -17.7% in April
Australian unemployment exp. 8.3%
Fed Powell says NO to negative interest rates
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