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Guggenheim CurrencyShares British Pound ETF News

$122.23
+0.362 (+0.297%)
At Close: May 17, 2024

G10 FX Week Ahead: Running On Faith

02:37am, Tuesday, 28'th Apr 2020
The euro is enjoying a little reprieve from eurozone debt stress after S&P avoided downgrading Italy on Friday. With the USD likely to trade on the soft side th

Market Talk – Monday, April 27

09:52pm, Monday, 27'th Apr 2020
The US placed pressure on Mexico to begin reopening factories, claiming that a prolonged closure could disrupt their supply chain and the USMCA deal.
All the markets in the Asia Pacific region rallied, led by more than 2% gains in the Nikkei and Taiwan. European bourses are higher. All the industry groups are

ECB Preview: Ready To Do More

08:34am, Monday, 27'th Apr 2020
Following ‘normal’ crisis patterns, the actions of the last few weeks should call for a 'taking stock' ECB meeting this week. But the current crisis is far from normal.
Positivity in Asia overnight looks set to spill into Europe, with European bourses pointing to a higher start on the open. The upbeat mood in the market comes after BoJ action and amid increased focus

Trending Or Range-Bound Markets?

02:20pm, Sunday, 26'th Apr 2020
It is tempting to read into the negative oil price, some deeper meaning about current conditions or the economic trajectory. It is a new Rorschach test.

Trending Or Range-Bound Markets

01:43pm, Sunday, 26'th Apr 2020
The dollar rose against most currencies last week. The euro snapped a four-day fall ahead of the weekend but only after recording its lowest level (~$1.0725) in

Weekly Forex Forecast, April 26

09:12am, Sunday, 26'th Apr 2020
Pound sterling fell during most of the week but spent Wednesday, Thursday, and Friday trying to recover from the lows. The US dollar spent most of the week trying to rally against the Japanese yen, bu

Market Talk – Friday, April 24

10:24pm, Friday, 24'th Apr 2020
A down day for Major European indices as no concrete financial plans concluded during yesterday's after calls with EU senior MPs.

Investors Take PMI Crash in Stride

11:49am, Thursday, 23'rd Apr 2020
Investors have remained fairly calm in the face of flash April PMI crashes and an increase of virus cases in several European countries.
EUR/USD quotes have been declining. The trading instrument has updated key extremes. The greenback demand is still high.

Investors Take PMI Crash In Stride

11:06am, Thursday, 23'rd Apr 2020
Investors have remained fairly calm in the face of flash April PMI crashes and an increase of virus cases in several European countries. In the foreign exchange

It’s All About The USD And It Looks Strong…

11:05am, Thursday, 23'rd Apr 2020
Today’s Flash’ Markit PMIs out of Europe and the US will be an anecdote to fill in newspapers, meaning the market is probably going to sit it out given how much negativity has already been priced
Risk-appetites appear to have stabilized for the moment. Most equity markets are higher. Japan and Malaysia were exceptions, but the MSCI Asia Pacific Index ros
Risk-appetites appear to have stabilized for the moment. Most equity markets are higher.
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