Fundamental view: US President Trump Speech at July 21st and CBI Industrial Order Expectations at July 23 put pressure on the pair last week gave a downward trend whereas Great Britain Public Sector Net Borrowing at July 21st and US Crude Oil Inventories at July 22nd impacted the pair positively and formed a bullish trend. [...]
Fundamental view: UK BOE Gov Bailey Speaks at Jul 13 and July 17 supported Pound and lead to uptrend of the pair whereas FOMC Member Harker Speech at Jul 15 and FOMC Member Williams Speech at Jul 16 strengthened greenback and acted as a catalyst for the downtrend of the pair. Outcomes of monthly reports [...]
Fundamental view: In the past week, US Non-Manufacturing PMI released at 6th July and US Unemployment Rate released at 9th July supported greenback and created a bearish trend for the pair whereas UK Construction PMI favorable release at 6th July and UK Halifax monthly report released at 7th July boosted the pound and created bullish [...]
Fundamental view: BOE Gov Bailey Speaks creates on 29th created some optimism for sterling whereas Favourable pending sales report for US on 29th June 2020 created a bearish move for the pair. ADP Non-Farm Employment Change at 1st July acted catalyst for the downtrend move for dollar and boosted bullish move for the pair. Increasing [...]
