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Thomson Reuters
Aug 01 - 12:12 PM
GBP/USD - Marks Time Before FOMC And BoE Event Risks
First appeared on eFXplus on Aug 01 - 10:35 AM
  • 47 pip range for cable thus far Wednesday: 1.3097-1.3144
  • Parameters within Tuesday's month-end range of 1.3089-1.3173
  • Relative calm precedes FOMC event risk at 1800GMT nL4N1UR5U8
  • Mixed U.S. data ahead nL1N1UR175. UK mfg PMI below f/c nL5N1US34H
  • BoE is still expected to raise interest rates on Thursday nL4N1UN4SZ
  • GBP could gain if BoE's 'R-star' higher than expected nL5N1UM9K4

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