OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP/USD to remain heavy – OCBC

FXStreet (Barcelona) - According to The OCBC Bank Research Team, GBP/USD will remain heavy in the interim as pound awaits the release of the BOE MPC minutes.

Key Quotes

“BOE MPC minutes (0930 GMT) are expected to be the highlight of the day (look for the voting pattern during the meeting to dictate sentiment) for the pound and our preference would be to remain heavy on the pair in the interim.”

“In a nutshell, any indications of a more measured demeanor within the BOE juxtaposed with any potential positive risks from the FOMC minutes later today may squeeze the pair towards 1.5500 in a hurry. “

Concerns about Abenomics growth strategies – Nomura

The Research Team at Nomura note investor’s concerns about delay in the growth implementation strategies despite PM Abe’s statement of focusing on economic problems.
Read more Previous

Rupee continues weakness - Insignia Consultants

Research Analysts at Insignia Consultants note global events dictating INR's movements rather than domestic ones.
Read more Next
Start livechat