SYFX

Audio recap: Turnaround for the pound

Published On: July 15, 2020

Summary

By sueyangfx.com July 15, 2020 at 03:06PM What’s moving today The pound has seen a nice turnaround, after getting smashed on Tuesday from the UK GDP miss. Broad based US dollar selling and hotter UK CPI have contributed to the […]

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By sueyangfx.com

July 15, 2020 at 03:06PM

What’s moving today
The pound has seen a
nice turnaround, after getting smashed on Tuesday from the UK GDP miss. Broad
based US dollar selling and hotter UK CPI have contributed to the resurgence in
GBP demand. Meanwhile, the Euro is also getting that boost from risk on and US dollar outflow, along with optimism around the EU recovery

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