Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 31 - 06:55 AM

GBP/USD - Falls To Intra-Day Low Amid Risk Aversion

By Rob Howard  —  Oct 31 - 05:20 AM
  • Cable drops to 1.1544 (intra-day low) as risk aversion buoys safe-haven USD

  • Hang Seng ended down 1.3% (after 3.7% fall Friday). U.S. equity futures down

  • See: nL4N31W295. 1.1551 was Asia low, courtesy of WSJ article nL1N31W0K8

  • Bids likely pre-1.1500 if GBP/USD extends south (1.1504 was Friday's low)

  • Fed and BoE rate decisions this week; 75 bps hikes expected from both

  • Wheat climbs 6% after Russia suspends grain deal nL1N31W0LBnL8N31V108

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!