Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 17 - 07:24 AM

GBP/USD - Falls To Its Lowest Level Since Sept 4

By Rob Howard  —  Mar 17 - 05:45 AM
  • GBP/USD hits 1.2170 after dropping through 1.2192 (early Ldn low)

  • 1.2170 is the lowest level since Sept 4 (1.2082 was low that day)

  • Drop to 1.2170 fuelled by risk aversion: USD safer haven than GBP

  • Clear signs of continued U.S. dollar funding stress nL1N2BA06V

  • Nomura sees scope for GBP/USD to fall to 1.18-1.15 nL1N2BA074

  • UK employment +184k in three months to Jan vs 143k f/c nL1N2BA074

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!