GBPUSD Archives - The Industry Spread

Gold Breaks Above 1,500, GPUSD Under Pressure

October 25, 2019

Asian equity indices ended mixed today after the ECB left interest rates unchanged as expected and while investors await that the Fed will cut interest rates by 25 bps next week.

Investors increased their bets the Fed will cut interest rates by 25 bp at its next meeting on October to protect the economy from slowing growth and the effects of the trade tensions.

Trade Deal Optimism Fades, GBPUSD Retreats From Five-Month Highs

October 16, 2019

Asian Indices ended higher today as global equities sentiment picking up a notch in progress around the Brexit deal. Doubts emerged about the US and China partial trade deal. China wants to proceed with further discussions before signing the phase one trade deal.

Asian Equities Higher, GBPUSD Retreats from Three-Month Highs

October 14, 2019

Traders increased their bets that the Fed will slash interest rates at its next meeting on October to protect the economy from slowing growth and the effects of the trade tensions. The Hang Seng index is trading 0.81% higher 26,521. The Shanghai Composite is 1.15% higher at 3,007, while in Singapore, the FTSE Straits Times is 0.30% higher at 3,123. The ASX 200 in Australia ended 0.54% higher at 6,642.

GBPUSD Cracks Below 1.20, BTC Breaks Above 10,000

September 3, 2019

Asian indices finished mixed today on traders concern about tensions between the China and USA and Brexit developments. The Hang Seng ended 0.39 percent lower at 25,527, Nikkei225 in Japan ended 0.02% higher at 20,625. The Shanghai Composite trading 0.21 percent higher to 2,930, while in Singapore the FTSE Straits Times index finished 0,06 percent higher at 3,084. The ASX 200 in Australia finished 0.10% lower to 6,573.