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14 Jan 2015

GBP/USD gathering pace - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet noted how the GBP/USD has gathered momentum.

Key Quotes:

"There was no news in the UK to affect the pair, driven at the time being by self dollar weakness".

"The technical picture in the short term supports further advances particularly if price breaks 1.5275 resistance, as indicators head strongly higher above their midlines moving away from a mild bullish 20 SMA".

"In the 4 hours chart the upward potential seems even stronger, supporting the shorter term view".
Jan 14, 2015

Inflation and monetary policy trends in EM - BBH

Analysts at Brown Brothers Harriman explained that while low DM bond yields have captured the attention of the markets, they note that EM bond yields have also fallen significantly.
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Jan 14, 2015

EUR/USD recovery falters at 1.1845

EUR/USD recovery from fresh 9-year lows was capped by the 1.1845 zone during the American session, confining the pair to a phase of consolidation over the last hours.
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