Cable pushes to session high on softer dollar as buyers reclaim near-term control

BY admin admin

GBP/USD rises to a high of 1.2245 to start the session
See here for global coronavirus case data
The dollar continues to sit weaker amid the more positive risk mood to start the day, and that is helping to see cable push higher towards some near-term resistance around 1.2245-50.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

UK coronavirus cases at 11,658 vs 9,529 yesterday

The latest UK virus data Contrast that with New York where there are 37,258 cases and total deaths at 385. For reference, the UK has tested 105,000 people. New York State has tested 122,000 people

Forex

(24 April 2020)DAILY MARKET BRIEF 2:Do we have almost forgotten the US-China trade war

<p>On the earnings side, American Airlines earnings are due today before the opening bell and the latest EPS estimate points at -2.26, like Delta Airlines which has posted its first loss in 9 ye

Forex

JASPER’S MARKET SQUAWK 13-07-2023

<h2>Inflation Slowdown Bolsters Risk Appetite</h2> <p>Markets around the globe rose in support of risk appetite. US inflation was lower than anticipated, and Fed Beige Book reported

Copyright © 2024 | WordPress Theme: Xews Lite