EURAUD – Can Euro Break Higher Versus Aussie Dollar?
Key Points
- Euro after trading as low as 1.4802 against the Aussie dollar recovered and currently facing Read More →
Forex
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Monthly archive June, 2016
Daily report on June 28, 2016
On Tuesday, Sterling gained for the first time since Britain’s vote to exit from the European Union, as the recovery in investors’ appetite for higher-yielding assets curbed the demand for US dollar, safe-haven gold and Japanese Yen.
The pound Read More →
Will Brexit Break GBP But Make EUR? – Credit Agricole
Markets have calmed down overnight with GBP and less liquid G10 currencies regaining some lost ground. At the same time, USD and JPY - arguably the biggest winners of the Brexit selloff - have pared some recent gains. We believe Read More →
Pound bounces from 31-year low as rating agencies add heat to the battered currency
The dollar and yen eased overnight while sterling crept up from a 31-year low on Tuesday as risk aversion triggered by the shock of Brexit eased slightly, however many market participants are still not calling a bottom for the battered Read More →
GBPCHF – British Pound Eyeing 1.2700 Vs Swiss Franc
Key Points
- British Pound suffering continued this week against most major currencies, including the Swiss Franc.
- The Read More →