OctaFX | OctaFX Forex Broker
Open trading account

GBP/USD consolidating around 1.6320 – OCBC Bank

FXStreet (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank, sees the pair stabilizing around the 1.6320 level.

Key Quotes

“The pound received an additional lift against the EUR on Thursday after the BOE’s Carney note that the point at which interest rates begin to normalize was “getting closer” although he added that judgment on when to raise rates has become more finely balanced in recent months, hikes would be gradual, and rates would peak at pre-crisis levels”.

“In the interim, the GBP-USD may anchor itself around the 1.6320 region amid the current global cross currents”.

USD/JPY upside capped at 109.00 – UOB Group

Market Strategists at UOB Group expects further gains in the pair to be limited around the 109.00 handle....
Read more Previous

AUD/USD reverses early losses

AUD/USD managed to bounce from a fresh 7-month low scored earlier amid a stronger greenback and weaker commodity prices.
Read more Next
Start livechat