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Aug 30 - 09:55 PM

GBP/USD - Romps Higher As Fed Sees Possible End To Hikes

By Ewen Chew  —  Aug 30 - 07:50 PM
  • GBP/USD rose substantially Wed, up a third straight session

  • But was deflected by Ichimoku cloud resistance 1.2726

  • Early strength in Asia suggests another bullish push coming

  • US economic data cued another drop in US yields, USD nL1N3AB16K

  • US ADP jobs miss a key factor that soured USD bulls nL1N3AA1WD

  • Fed's Rosengren: can end hikes if econ keeps slowing nL4N3AB44G

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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