Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 04 - 04:55 AM

GBP/USD - Up To Threaten 1.30 On Iowa Poll Surprise

By Rob Howard  —  Nov 04 - 02:55 AM
  • Cable up to 1.2999 in Asia as USD fell on Iowa poll from Des Moines Register

  • Poll has Harris leading Trump 47-44%; Trump easily won Iowa in 2016 and 2020

  • 1.2918 was pre-weekend low vs 1.2980 high after USD fell on big Oct NFP miss

  • Halloween high was also 1.2999 - before drop to 1.2845 on higher gilt yields

  • 1.2845 = 11-week low. CFTC data showed net GBP long fell ahead of UK budget

  • 25 bps BoE, Fed rate cuts expected on Thursday. Badenoch is new Tory leader

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!