News Headline Summary
GBP strength continues to be observed across the board, with GBP/USD tripping stops on the break of 1.6700 to print fresh high at 1.6706...
- GBP remains supported by a weaker USD, which was initially driven by better than expected GDP reports by France, Germany and Netherlands.
- Touted M&A related flow - Vodafone/Verizon, also said to have been a contributing factor for the ascent.
- Short-sterling curve is also seen steeper (bear steepening).
08:36, 14 Feb 2014 -
20:03, 14 Feb 2014
GBP/USD tests the multi-year high printed earlier in the session (1.6743), extending on gains stemming from the BoE's QIR earlier in the week, where gov. Carney refrained from adjusting the 7% unemployment knock-out threshold for a rate hike
15:14, 14 Feb 2014
GBP/USD posts a fresh session high to trade in close proximity to its 2011 highs at 1.6747 as EUR/GBP extends lower to trade close to its January low of 0.8170
19:48, 13 Feb 2014
JPY weakness is seen across the board with USD/JPY, EUR/JPY and GBP/JPY all printing fresh session highs
16:47, 13 Feb 2014
Spot gold briefly breaks above USD 1,300 for the first time since November 2013
15:56, 13 Feb 2014
DAILY FX WRAP – EUR/USD reversed yesterday’s sell-off, supported by comments by ECB's Coene, which resulted in a technical break-out in early European trade…
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