Month: June 2019

Barclays sees downside in the pound Barclays Research discusses GBP outlook and adopts a structural bearish bias, expecting the pair’s to trade lower towards 1.25 by year-end and at 1.22 by Q1 of 2020. “We are turning increasingly more bearish on the GBP because Brexit-induced political and business uncertainty is likely to cap any upside
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Latest data released by KOF Swiss Economic Institute – 28 June 2019 Prior 94.4; revised to 93.8 ForexLive The data here measures the future trends of overall economic activity in the Swiss economy. We’re seeing continued weakening in the outlook towards Swiss economic conditions and that’s reflective of slightly more sluggish conditions in the region amid
EUR/USD Rate Talking Points EURUSD pulls back from a fresh monthly-high (1.1412) as Federal Reserve officials tame bets for a rate cutting cycle, but fresh developments coming out of the Euro area may keep the exchange rate afloat amid signs of sticky inflation. EURUSD Rate to Stay Afloat on Sticky Euro Zone CPI The near-term
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Tokyo’s main index closes at the high amid trade optimism ahead of G20 ForexLive Markets are feeling a bit more upbeat on the Trump-Xi meeting and that’s feeding into gains among equities in Asia to start the day. I would expect similar sentiment among European stocks as well given that US futures are up by
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