Cable turns higher ahead of the London fix
Summary
By sueyangfx.com November 24, 2020 at 04:02PM Bid emerges as US dollar softens The 4 pm London fix is a few minutes away and cable is rallying into it. GBP/USD is now up 31 pips to 1.3352. That’s 70 pips […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
November 24, 2020 at 04:02PM
Bid emerges as US dollar softens
The 4 pm London fix is a few minutes away and cable is rallying into it. GBP/USD is now up 31 pips to 1.3352.
That’s 70 pips from the European sessions lows with most of it coming in the past 30 minutes.