GBP/USD: Brexit woes to weigh on the pound as UK could take unilateral action – MUFG
Market participants are aware that the Brexit issue is about to be escalated once again
Financial and Business News
Market participants are aware that the Brexit issue is about to be escalated once again
In light of the ongoing price action, USD/CNH faces a potential consolidation ahead of a
Bank Indonesia (BI) kept policy rates unchanged at 3.5%, matching the market consensus, as BI
German Manufacturing PMI arrives at 54.7 in May vs. 54.0 expected. Services PMI in Germany
NZD/USD has seen a 4.4% recovery from its mid-May 0.6217 lows. Nonetheless, this remains corrective unless the
GBP/USD attracted some dip-buying on Tuesday amid renewed USD weakness. A goodish pickup in the
Eurozone Manufacturing PMI arrives at 54.4 in May vs. 54.9 expected. Bloc’s Services PMI falls
EUR/USD reaches new multi-week highs past 1.0700. The dollar remains on the back footing amidst
Gold prices snap four-day uptrend while reversing from a fortnight high. Risk-aversion joins firmer US