Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 13 - 04:55 AM

GBP/USD - Holds Sub-1.28 After UK Jan GDP Matches Forecast

By Rob Howard  —  Mar 13 - 03:45 AM
  • Cable falls to 1.2776 intra-day low after UK Jan GDP matches f/c, up 0.2%

  • 1.2799 was Asian session top, highest level since Tuesday's 1.2747 low

  • Tuesday's low was plumbed after dollar rose on above-forecast US CPI data

  • Fed policy announcement next Wednesday (March 20), day before BoE MPA

  • Citigroup brings forward BoE rate cut expectation to June from August

  • Biden, Trump secure nominations, kicking off presidential rematch on Nov 5

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
!