Asia FX gains as dollar dips amid Trump tax bill doubts, G7 meeting

Threat to the Federal Reserve risks spillover effects There is a very substantial scope for spillover Fed Chair Powell is a friend of mine and a man of the utmost intergrity Don’t see the same threats to the BoE So far, we have seen more hedging of Dollar positions rather than investors saying they don’t…

The GBPUSD currency pair has broken out above the 1.2761 resistance level, extending its impressive upside move that originated from the 1.2299 low. The rally has carried the pair as high as 1.2780 in recent trading sessions, with the bullish momentum showing no signs of letting up. Further Upside Targets Emerge Following the breakout above…

Yesterday’s session offered quite a positive rewind after what had been a rough start to the month. The powerful uptrends are still technically dominant in the global stocks’ impressive yearly explosion, but ever since their first appearance at the big surprise in the August NFP, it seems that sellers are trying to make a decisive…

UK factories pick up a bit of speed but outlook worries remain Source link