Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

December 08, 2020 at 11:00AM

Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

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Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/pound-traders-snap-out-of-brexit-hope-and-brace-for-any-outcome-2364049
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FX Street

Germany Factory Orders n.s.a. (YoY) registered at -1%, below expectations (21%) in October 6 December 2021

Germany Factory Orders n.s.a. (YoY) registered at -1%, below expectations (21%) in October

Germany Factory Orders s.a. (MoM) came in at -6.9%, below expectations (-0.5%) in October 6 December 2021

Germany Factory Orders s.a. (MoM) came in at -6.9%, below expectations (-0.5%) in October

GBP/JPY Price Analysis: Support-turned-resistance tests bulls around 149.50 6 December 2021

GBP/JPY buyers battle short-term key resistance, previous support, while taking rounds to 149.50-60 ahead of Monday’s London open. In doing so, the cr

NZD/USD seems vulnerable near YTD low, below mid-0.6700s amid stronger USD 6 December 2021

The NZD/USD pair consolidated its recent losses to the lowest level since November 2020 and was seen oscillating in a range around the 0.6750-40 regio

Market views of monetary policy moves too 'simplistic' – China Press 6 December 2021

Following the increased expectations of a Reserve Requirement Ration (RRR) cut by the People’s Bank of China (PBOC) as soon as this month, China’s Cab

WTI grinds higher towards $68.25 immediate hurdle amid risk-on mood 6 December 2021

WTI crude oil prices remain positive, up 2.60% intraday around $67.90 during early European morning on Monday. The black gold prices initially cheered

Forex Today: Dollar rebounds with yields amid a quiet start to the US inflation week 6 December 2021

Here is what you need to know on Monday, December 6: The market mood remains cautiously optimistic, as investors assess the implications of faster Fed

USD/JPY clings to gains around 113.00 mark, lacks follow-through 6 December 2021

The USD/JPY pair maintained its bid tone heading into the European session and was last seen hovering near the top end of its daily trading range, aro

AUD/USD Price Analysis: Mildly bid inside bear flag, 0.7005 is the key 6 December 2021

AUD/USD struggles to extend corrective pullback from yearly low, retreats to 0.7015 heading into Monday’s European session. The Aussie pair portrays a

GBP/USD consolidates in a range, holds comfortably above 1.3200 mark 6 December 2021

The GBP/USD pair now seems to have entered a bearish consolidation phase and was seen oscillating in a narrow trading band, around the 1.3230-35 regio

USD/TRY retreats below $14.00 as Turkish market intervention looms 6 December 2021

USD/TRY seesaws around $13.70, down 0.20% intraday, as Turkish lira (TRY) traders, await another central bank intervention during early Monday. The Tu

USD/INR Price News: Indian rupee bounces off three-week low, stays on the way to 75.65 6 December 2021

USD/INR retreats to 75.21, following an uptick to refresh the three-week high. In doing so, the Indian rupee (INR) pair buyers take a breather around

EUR/USD: Bears flirt with 1.1300 as USD tracks firmer yields 6 December 2021

EUR/USD stays pressured around the intraday low of 1.1288, down 0.17% on a day as sellers keep reins ahead of Monday’s European session. The major cur

Gold Price Forecast: $1,792 remains a tough nut to crack for XAU/USD bulls – Confluence Detector 6 December 2021

The mixed US employment report fails to deter the Fed’s faster tapering and tightening expectations, which could likely temper gold’s solid recovery f

Asian Stock Market: Drifts lower as stimulus hopes battle Evergrande woes 6 December 2021

Asia equities fail to track the US and European stock futures during sluggish Monday morning as fears from China’s Evergrande and Fed rate hike woes j

Silver Price Analysis: XAG/USD challenges bearish channel around $22.50 6 December 2021

Silver (XAG/USD) grinds higher around $22.50, down 0.14% intraday, amid early Monday. In doing so, the bright metal fades Friday’s bounce off 78.6% Fi

Japan’s government considering lifting FY2022 economic growth forecast – NHK 6 December 2021

The Japanese government is mulling a lift to its economic growth forecast for fiscal year (FY) 2022 to take into account the effects of its record $49

USD/CHF Price Analysis: Bulls battle 100-HMA, weekly resistance line 6 December 2021

USD/CHF seesaws around day’s high of 0.9202, up 0.23% intraday during early Monday. In doing so, the Swiss currency (CHF) pair pokes 100-HMA while sta

China’s SAFE: Better international monetary coordination is needed to ensure a “fairer” environment 6 December 2021

Lu Lei, deputy head of the State Administration of Foreign Exchange (SAFE) urged developed countries to ensure ‘more effective’ monetary coordination

Pound Sterling Price News and Forecast: GBP/USD bears have moved in as the US dollar firms 6 December 2021

GBP/USD was pressured throughout the month of Novermber and there remains a focus on the downside as the DXY firms in the open taking out hourly resis

Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

December 08, 2020 at 11:00AM

Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

SIMILAR ARTICLES ON WEB: Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

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December 08, 2020 at 11:00AM

Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

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