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19 Jun 2013

EUR/GBP spikes up

FXstreet.com (London) - EUR/GBP has ticked up higher to fall short at 0.8573 after the release of the BoE minutes.

The vote was unanimous with regards to rates being left on hold, 9 -0. However, there was a split with regards to their bond purchasing programme and QE with 6-3 split, essentially echoing previous months. EUR/GBP is struggling now at overnight highs and daily channel resistance in a descending trend line on the hourly chart.
Jun 19, 2013

Flash: Eye’s on Bernanke - DBS

DBS Bank Research Group noted that the labour market is anything but strong. An area in focus as the markets listen for signs wen tapering might commence.
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Jun 19, 2013

GBP/USD easing to 1.5630 on Boe minutes

The renewed weakness around the sterling is now driving the GBP/USD to test session lows around 1.5630....
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