The GBP/USD pair looks to be stabilizing above its 55-day moving average at 1.3761 and weakness stays seen as corrective prior to the core bull trend resuming towards the recent reaction high at 1.4017, Credit Suisse appraises. EUR/USD is up for the third session in a row on Thursday and reclaims the 1.1970 region, or multi-day highs, on the back of the moderate leg lower in the greenback. The dollar index fell to its lowest in a week early in Thursday’s European session and there was a mild “risk on” tone in currency markets, as attention turned to the European Central Bank’s policy meeting. The dollar was down around 0.2% at 91.606 against a basket of currencies, having dropped from the three month high of 92.506 it reached on Tuesday.
Under no circumstances should any information presented on this website, "SYFX", be construed as an offer to sell, or solicitation of any offer to purchase, any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Offering materials relating to investments in entities managed by SYFX are not available to the general public.
To view this content, you must agree to the following terms, in addition to and supplementing the SYFX Terms of Use and Privacy Policy:
I confirm to SYFX and agree that:
I understand that this website does not contain the information I would need to consider for an investment, and that such information is only available to a limited group of persons and institutions meeting specified criteria.
I understand that this website has not been reviewed or approved by, filed with, or otherwise furnished to any governmental or similar authority, and is intended only to provide limited information to members of the public who have a legitimate interest in that information for reasons unrelated to making investments.
I understand that when SYFX makes third party information available, SYFX generally will not have verified statements made by the third party, and the presentation of information may omit important information.
I understand that third party materials such as live interviews made available by SYFX generally will not have been edited by SYFX and statements in those materials by individuals associated with SYFX should be understood in the conversational context in which they were made, which may include providing historical background.
The content constitutes the proprietary intellectual property of SYFX or its licensors and that I will not directly or indirectly copy, modify, recast, create derivative works, post, publish, display, redistribute, disclose, or make available the content, in whole or in part, to any third parties, or assist others to do the same, or otherwise make any commercial use of the content without the prior written consent of SYFX.
By registering my information below and clicking "Agree," I certify that I have read, understand and agree to the foregoing Disclaimer, Terms of Use and Privacy Policy.