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GBP/USD looking to extend rally past 1.40 as…

The Sterling looking resilient in the face of risk-souring US political strife. An upbeat economic outlook and fading Brexit concerns driving the pair steadily higher. The GBP/USD  is maintaining an elevated position on the week…

GBP to get hit on signs of complete…

Viraj Patel, Foreign Exchange Strategist at ING, suggests that while it may be tempting to paint this week's EU leaders summit as a make-or-break moment for GBP, they would not see the failure of a…

UK CPI eases more than expected to 2.7%…

The UK Consumer Prices Index (CPI) 12-month rate was 2.7% in February 2018, down from 3.0% in January 2018 and also lower than 2.8% anticipated, the UK Office for National Statistics (ONS) reported this Tuesday. …

GBP/USD losing the grip post-BoE, near 1.4150 |…

Cable surpassed 1.4200 following steady BoE, fresh tops. MPC voted 7-2 to keep the current monetary status quo. Earlier, UK’s Retail Sales rose 0.8% MoM, more than expected. The Sterling is now easing some ground…

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U.S. Q4 GDP revised higher, UK GDP in…

The U.S. dollar was seen holding on to the gains from Tuesday. The positive sentiment kicked in after the final revised GDP showed a 3.1% increase on the fourth quarter. This was higher than the…

COT: Speculators Rush into S&P Futures | by…

Specs giving up on Canadian Dollar Extreme positioning change in S&P Record commercial short position in S&P 52 Week Ownership Profile Extremes – Japanese Yen, British Pound, S&P 500, Nikkei, Lean Hogs, Live Cattle, Feeder…