XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.
G
G

GBPUSD

News

Reuters - 1 hour ago

UK election risk to GBP, according to FX options

BUZZ-COMMENT-UK election risk to GBP, according to FX options July 4 (Reuters) - Implied volatility gauges FX realised volatility expectations and is a key component of an FX option premium. Overnight expiry GBP related implied volatility now includes the UK election and is therefore a bellwether for related FX volatility risk. Overnight GBP/USD implied volatility has averaged 7.5 over recent sessions - a premium/break-even of 40 USD pips in either direction for a simple vanilla straddle.
C
E
E
G
G
G
Reuters - 2 hours ago

FX markets are trapped in a vicious circle

BUZZ-COMMENT-FX markets are trapped in a vicious circle July 4 (Reuters) - FX markets are trapped in a vicious circle where the proceeds of interventions are recycled with dollars sold then purchased to maintain or increase the size or reserves which ultimately leads to more intervention. There are many emerging nations currently trying to stem the dollar's rise including China and also Japan which most analysts think will soon sell again.
E
G
U
Reuters - 2 hours ago

Bulk of GBP impact from UK election to stem from exit poll

RPT-BUZZ-COMMENT-Bulk of GBP impact from UK election to stem from exit poll Repeats with no changes July 4 (Reuters) - The UK will head to polls in just under a week, though compared to previous UK elections there is less uncertainty than usual about the outcome of the July 4 vote. Opinion polls have consistently shown that the Labour Party is set for a historic majority.
E
G
Reuters - 3 hours ago

Bets mount for US rate cut, UK political shake up

LIVE MARKETS-Bets mount for US rate cut, UK political shake up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BETS MOUNT FOR US RATE CUT, UK POLITICAL SHAKE UP It's been a generally upbeat day so far in Asia as softer U.S. data burnished the case for a September rate cut from the Federal Reserve.
G
E
F
U
G
Reuters - 3 hours ago

Cable's decline since the 1970s looks far from over

RPT-BUZZ-COMMENT-Cable's decline since the 1970s looks far from over Repeats Wednesday's story without changes July 3 (Reuters) - The pound's multi-decade decline since it began floating freely against the U.S. dollar in August 1971, circa 2.40 under Conservative Prime Minister Edward Heath, looks set to persist for many years to come. In the run up to the United Kingdom's July 4 election politicians have avoided grand economic plans for fear of waking the bond market dragon after a 2022 crisis
G
Reuters - 4 hours ago

Asia stocks hit 27-month top, dollar slips on rate cut wagers

GLOBAL MARKETS-Asia stocks hit 27-month top, dollar slips on rate cut wagers Asian stock markets : https://tmsnrt.rs/2zpUAr4 Topix hits record top, S&P 500 futures steady FTSE, sterling calm as UK heads to polls Odds narrow on Sept Fed cut after soft data Adds Taiwan stocks, updates prices By Wayne Cole SYDNEY, July 4 (Reuters) - Asia stocks hit 27-month highs on Thursday as softer U.S.
A
E
G
U
J
O
B
Reuters - 4 hours ago

Five questions ratings firms have for a new UK government

GRAPHIC-Five questions ratings firms have for a new UK government By Marc Jones LONDON, July 4 (Reuters) - With Britain poised to vote for its first change of government in 14 years on Thursday, the firms that slashed its credit score after Brexit, and cut it again when Liz Truss roiled markets in 2022, say they have a list of questions that need answers.
G
Reuters - 4 hours ago

Dollar on defensive after soft data, battered yen under watch

REFILE-FOREX-Dollar on defensive after soft data, battered yen under watch Corrects paragraph 9 spelling of analyst's name By Brigid Riley TOKYO, July 4 (Reuters) - The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering limited relief to the yen, which remained pinned near a 38-year low that had the market on alert for government intervention.
A
E
E
E
G
U
B
Reuters - 5 hours ago

Bets mount for US rate cut, UK political shake up

MORNING BID EUROPE-Bets mount for US rate cut, UK political shake up A look at the day ahead in European and global markets from Wayne Cole. It's been a generally upbeat day so far in Asia as softer U.S. data burnished the case for a September rate cut from the Federal Reserve. The main event in Europe will be the UK election , where the only real unknown is how super Labour's majority will be.
E
G
U
U
Reuters - 6 hours ago

UK election: No 'buy the GBP rumour, sell the fact'

BUZZ-COMMENT-UK election: No 'buy the GBP rumour, sell the fact' July 4 (Reuters) - The market goes into Thursday's UK election net long of sterling but the result is unlikely to prompt a 'buy the rumour, sell the fact trade', as a new stable government should provide demand on dips. The polls forecast a landslide victory for Labour Party leader Keir Starmer after 14 years of turbulent Conservative government, leaving the economy struggling with constrained finances and slipping living standards
G
Reuters - 8 hours ago

Asia stocks hit 27-month top, dollar slips on rate cut talk

GLOBAL MARKETS-Asia stocks hit 27-month top, dollar slips on rate cut talk Asian stock markets : https://tmsnrt.rs/2zpUAr4 Nikkei firms toward March top, S&P 500 futures steady Markets, sterling calm as UK heads to polls Odds narrow on Sept Fed cut after soft data By Wayne Cole SYDNEY, July 4 (Reuters) - Asia stocks hit 27-month highs on Thursday as softer U.S.
A
E
G
U
J
O
B
Reuters - 8 hours ago

Dollar on the defensive after soft data, little relief for yen

FOREX-Dollar on the defensive after soft data, little relief for yen By Brigid Riley TOKYO, July 4 (Reuters) - The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, although that gave little relief to the yen, which was pinned around a 38-year low that kept the market on alert for government intervention.
A
E
E
E
G
U
Reuters - 14 hours ago

Asia Morning Call-Global Markets

Asia Morning Call-Global Markets July 4 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,739.90 21.70 NZX 50** 11,790.92 +14.19 DJIA 39,308.00 −23.85 NIKKEI** 40,580.76 +506.07 Nasdaq 18,188.302 159.54 FTSE** 8,171.12 49.92 S&P 500 5,537.02 +28.01 Hang Seng** 17,978.57 209.43 SPI 200 Fut 7,802.00 73.00 STI** 3,415.51 47.61 SSEC** 2,982.38 -14.64 KOSPI** 2,794.01 13.15 ---------------------------------------------------------------------------------------- Bonds Bonds J
A
A
E
G
N
U
J
U
U
U
Reuters - 14 hours ago

Yen drops to 38-year low, US dollar slumps after weak data

FOREX-Yen drops to 38-year low, US dollar slumps after weak data Euro hits record high vs yen Euro hits three-week high vs dollar U.S. private sector jobs rise less than expected in June U.S. weekly jobless claims increase in latest week U.S. ISM services sector reading falls in June Adds new comment in paragraphs 17-18, Fed minutes in 25, graphics; updates prices throughout By Gertrude Chavez-Dreyfuss NEW YORK, July 3 (Reuters) - The yen sank to a 38-year low against the U.S.
A
E
E
E
G
U
Reuters - 15 hours ago

US recap: EUR/USD capitalizes as dollar succumbs to data doldrums

BUZZ-COMMENT-US recap: EUR/USD capitalizes as dollar succumbs to data doldrums July 3 (Reuters) - The dollar fell against the majors on Wednesday -- except the yen -- after a slew of unexpectedly weak data reinforced market suspicions that the U.S. economy is cooling in a way that will allow the Fed to consider rate cuts. Minutes from the Fed's June 11-12 meeting echoed this sentiment.
A
E
G
U
U
Reuters - 18 hours ago

Yen skids to fresh 38-year low; US dollar tumbles after weak data

FOREX-Yen skids to fresh 38-year low; US dollar tumbles after weak data Euro hits record high vs yen Euro hits three-week high vs dollar U.S. private sector jobs rise less than expected in June U.S. weekly jobless claims increase in latest week U.S. ISM services sector reading falls in June Adds new comments, bullets, U.S. data, byline, NEW YORK dateline, FX table; updates prices By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, July 3 (Reuters) - The yen s ank to a fresh 38-year lo
A
E
E
E
G
U
Reuters - 19 hours ago

FX options wrap - FX outlook, French risk, ZAR gains, yuan bets

BUZZ-FX options wrap - FX outlook, French risk, ZAR gains, yuan bets Implied volatility is under pressure in most of the major G10 currency pairs, which is consistent with low realised volatility within familiar FX ranges. The impending U.S. Thanksgiving holiday and better risk appetite/USD losses, are playing their part . Euro-related FX option premiums have almost fully retraced the significant gains that were made in the wake of the French election call in mid-June.
A
A
A
C
E
E
E
E
E
G
N
U
U
U
Reuters - 19 hours ago

Route to sterling's 2024 high may be clearing

BUZZ-COMMENT-Route to sterling's 2024 high may be clearing GBP/USD rallied to a 2-week high at 1.2730 after U.S. jobless claims and ADP showed more softness in the labor market than expected, which could help lift cable back toward its 2024 peak if subsequent data shows similar cooling. The data supported recent comments on Tuesday by Fed Chair Jerome Powell, who acknowledged progress on inflation even though more data is needed before policymakers are sufficiently confident in the disinflation
E
G
Reuters - 21 hours ago

Yen slides to fresh lows, market 'challenges' Japan authorities to act

FOREX-Yen slides to fresh lows, market 'challenges' Japan authorities to act Adds ADP jobs, updates prices at 1220 GMT By Kevin Buckland and Amanda Cooper TOKYO/LONDON, July 3 (Reuters) - The yen traded at fresh 38-year lows against the dollar and a record trough against the euro on Wednesday, as the currency continued its downward grind, with Japanese officials largely remaining on the sidelines amid the risk of intervention.
A
E
E
G
U
Reuters - 21 hours ago

Cable's decline since the 1970s looks far from over

BUZZ-COMMENT-Cable's decline since the 1970s looks far from over July 3 (Reuters) - The pound's multi-decade decline since it began floating freely against the U.S. dollar in August 1971, circa 2.40 under Conservative Prime Minister Edward Heath, looks set to persist for many years to come. In the run up to the United Kingdom's July 4 election politicians have avoided grand economic plans for fear of waking the bond market dragon after a 2022 crisis triggered by former Premier Liz Truss' unortho
G

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.