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Thomson Reuters
Dec 24 - 12:12 PM
GBP/USD - Boosted Off Lows Amid Low US Rates, Short-Covering
First appeared on eFXplus on Dec 24 - 09:55 AM
  • GBP firms heading into Xmas holiday up 0.73% at 1.2721 in early NY
  • Prevailing macro themes of low US growth, rates & govt shutdown weigh on USD
  • Second Brexit ref talk making rounds gives GBP/USD slight lift nL8N1YT0YY
  • IMM: GBP/USD specs sold 18.3k contracts last week, may be taking profits
  • EUR/GBP down 0.17% to 0.8980 Monday range 0.9025-0.8975

Chart: Click here

Source:
Thomson Reuters IFR Markets

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