EURGBP Archives - Page 18 of 18

March 12, 2012

Sterling Digest: March 12, 2012

Lots of big talk made for lots of nice moves in the forex markets today. These central banks are only warming up with comments from Japan today ahead of their official interest rate decision tomorrow. But the $FED has taken to jawboning too. They also release a decision tomorrow but have been in the press for weeks. Lots of focus has been on the $USDJPY with its recent moves higher which should make the conspiracy theorists among us very anxious for Tuesday trading. At any rate, sterling flows were liquid in both directions today depending on your currency pair.

UK Highlights Of Market News’ Forecast Surveys; Events (Forex Live)
Japan Sends a Signal on Yen (WSJ)
No hint of exit from Fed this week (WSJ)
Here’s Who’s Footing The Bill For Greece’s Default (BI)
The Fed Has No Idea What Happens Next – And That’s Okay (The Reformed Broker) [underscores this post]
Charts I am watching, week of March 12 (PeterLBrandt.com)
GBPUSD Update (50’s Blog)
EURGBP Update (50’s Blog)
Charts, 2012 – Week 11 (Stoic Trading)

March 11, 2012March 11, 2012

Sterling Digest: March 11, 2012

An ironic find on Flickr: the World Money Expo. In China

This week rounds out the major central bank announcements for the month of March. Three central banks are on tap to release decisions on monetary policy: the Bank of Japan, the Federal Reserve, and the Swiss National Bank. Of course, the Fed is the highlight. But with the Fed in the news so much last week, one has to wonder what more the Fed can give the markets.

Watching GBP Pairs (Dollar and 10Cents)
EURGBP Update (50’s Blog)
Chart of the Day: Growth! (Credit Writedowns) [Because at the end of the day, it’s all about who’s making money.]
QE Set To Leave British Pensions $141 Billion In The Hole (Business Insider)
ECB fires inflation warning, trumpets success of cash flood (Yahoo! Finance)
Brazil inflation eases in Feb, backing up rate cut (Reuters) [Interesting. Brazil has comparable inflation to UK but is growing whereas UK is contracting.]
What To Celebrate (FaithMightFX)

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March 7, 2012

Sterling Digest: March 7, 2012

I hate election years — Seasonally, election years are good for markets

Very muted price action this trading session leaves sterling still weak after yesterday’s pullbacks. The market has entered its wait-and-see mode as we await the RBNZ later tonight and BoE, ECB, and BoC on Thursday morning. As boring as today may be, it gets just as interesting in the next 24 hours.

Brazil ‘overtakes UK’s economy’ (BBC)
Lord Sassoon tipped as next Bank of England Governor (The Telegraph)
UK Osborne: No Unfunded Giveaways In Upcoming Budget (Forex Live)
Euroland will pay for this monetary madness (The Telegraph)
A look at the FTSE big picture (Chart.ly)
GBPAUD Daily (Chart.ly)
GBPJPY Ichimoku on Multi Timeframes: watch 4 HR support (Twitpic)
Daily Chart Art – March 2, 2012 (Baby Pips) [Only $EURGBP chart still valid]

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March 5, 2012

Sterling Digest: March 5, 2012

Twenty pound bill by Images_of_Money, on Flickr — Sterling on the rise

Sterling is strong across the board this morning. Despite less-than-expected UK Services PMI, sterling has managed to catch a bid versus many of the major currency pairs this trading session. The only exception at the moment is the $EURGBP, as euro strength battles sterling strength making for a very small range in the pair today.

Worried about China? Buy Sterling (WSJ)
Bernanke Leaks, Spoils the Punch (Bruce Krasting)
Yen’s Fall Keeps Market Guessing (WSJ)
Yen Pairs on the Ichimoku 4 HR (Twitpic)
EURGBP Ichimoku on Multiple TImeframes (Twitpic)
GBPAUD weekly (Twitpic)
EURGBP Still there is room for a run higher (Chart.ly)
Charts, 2012 – Week 10 (Stoic Trading)

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