GBP/USD MEETS SUPPLY NEAR 1.2290, BEARS TAKING BACK CHARGE

avatar
· Views 46


GBP/USD climbed to 1.2293 from a low of 1.2218 while the US dollar was weighed within a narrow range against most major currencies while traders sought clarity on the fallout from the recent collapse of two US lenders and the rescue of Credit Suisse.


Data released earlier Monday showed that UK Retail Sales conditions from the Confederation of British Industry declined modestly in March and BoE Governor Andrew Bailey spoke and said that the central bank has to be very alert to any signs of persistent inflationary pressures.  


Elsewhere, Minneapolis Federal Reserve’s president, Neel Kashkari, warned the US is on the brink of a recession. As for US data, the Dallas Fed Manufacturing Activity Index dropped to -15.7pts in March as perceptions of broader business conditions worsened. The company outlook subindex rose four points to -13.3.


Analysts at ANZ Bank noted that  ´´the outlook uncertainty subindex came in at 22.0, down slightly from February but still high. Labour market measures remained positive, with 24% of firms net hiring, while 14% reported net layoffs. Price and wage pressures receded in March.´´

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest