GBP / USD

This gallery contains 1 photo.

The next target for the GBP/USD should be 1.6043

Positive data for the dollar:

Initial Jobless Claims : 414.00K (Forecast: 420.00K) Building Permits : 0.61M (Forecast: 0.55M ) Current Account: -119.00B (Forecast: -130.00B) Foreign Securities Purchases: 8.22B (Forecast: 5.45B)

Greek aid package

“Nout Wellink told Dutch newspaper Het Financieele Dagblad that a new Greek aid package would carry so many uncertainties and risks that a doubling in the bail-out fund would be necessary to take into account the contagion risk for both … Continue reading →

Gold & silver futures high

“Gold and silver futures turned higher in early U.S. trading after a wave of inflation and manufacturing data underlined concerns the U.S. economic recovery had hit a speed bump, raising the allure of assets seen as safe havens.”MarketWatch

Positive data for the USD:

CPI (MoM) 0.20% ( Forecast: 0.10%) Core CPI (MoM) 0.30% ( Forecast: 0.20% )

GBP/USD

This gallery contains 1 photo.

The next target for the GBP/USD is 1.6274

European stock markets down :

European stock markets opened mostly lower on Wednesday, with French banks under pressure after Moody’s Investors Service put three under review for a possible downgrade