Archived IMT (2009.04.20)
Sterling & Aussie are the biggest losers in early London trade as the retreat in risk appetite (lower London open) magnifies losses in risk currencies. GBPUSD drops from Fridays 1.4800 to $1.4620, in line with the previous Intraday Market Thought (Friday). Wednesday's scheduled UK budget will show the governments latest evidence of higher public spending and more admissions for growth deterioration, $1.46 marks the trend line support of from the March 11 low, but losses may intensify towards $1.4530.
What if Parliament Votes No?
by Adam Button | Oct 18, 2019 18:00
Brexit Deal Seeks 320
by Ashraf Laidi | Oct 18, 2019 0:14
What’s a Brexit Deal Worth?
by Adam Button | Oct 16, 2019 19:10
Do not Look at this, if Short GBP
by Ashraf Laidi | Oct 16, 2019 15:19
Earnings & Deal Talks Take Over
by Adam Button | Oct 15, 2019 12:12