Posted Sep 3, 23:36

Cable Stuck in Reverse

Markit US Services PMI (AUG) [F] 56.1
Markit US Composite PMI (AUG) [F] 55.7
ISM Non-Manufacturing PMI (AUG) 59.0
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Cable Stuck in Reverse Chart
17 hours ago: 

GBP/USD fell for the eighth consecutive session on Thursday to match the longest losing streak in six years. The New Zealand dollar was the best performer while the euro lagged on dovish signals from Draghi. Asian-Pacific trading features data on Japanese wage inflation. A new Premium note has been issued in the aftermath of the ECB-driven selloff and ahead of Friday's NFP.

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PREMIUM INSIGHTS Update: Sep 4, 17:15
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ECB Preempts Fed Inaction, PBOC Action Sep 3, 2015 17:07: 

The ECB succeeded in weakening the euro and bund yields with an aggressive downgrade of 2015-2017 forecasts for GDP and CPI, while announcing an increase in the issue share limit of bonds included in QE purchases to 33% from 25%. The increased limit means the ECB can buy a higher share of an individual nation's bond issue, giving it more freedom of concentration in particular issues.

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أشرف العايدي في العربية و الأسباب الأربعة Sep 3, 2015 11:16: 

أشرف العايدي في العربية عن الأسباب الأربعة التي تضغط على الأسترليني و تحليل اليورو قبل المركزي الأوروبي و الوظائف في الولايات المتحدة 

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