GBPJPY
GBPJPY Lower As PM Johnson Threatens to pull Brexit bill
British Pound Down Mildly On Brexit Vote Disappointment
The much expected Brexit Super Saturday ended up as an anti-climax. Voting was disrupted by an amendment put forward by Sir Oliver Letwin, asking for a delay in the House of Common vote so that the relevant laws necessary for Brexit implementation could be passed. This motion was passed by [...]
GBPJPY Off Daily Highs After DUP Objects to Brexit Deal
The GBPJPY experienced an initial surge earlier today on reports that a Brexit deal had been agreed by negotiating parties. However, the pair has begun to trade off its daily highs after the Democratic Unionist Party (DUP) expressed reservations a short while ago about the new Brexit deal. The GBPJPY [...]
GBPJPY Tries to Take Out Multi-Month High on Tusk Brexit Comments
The British Pound (GBPJPY) has risen sharply over the last few days vs. the Japanese Yen, and moments ago, the price tried to take out the September 20 high of 135.75. The move higher in GBPJPY was triggered by comments by the President of the European Council, Donald Tusk. At [...]
GBPJPY Spikes on Supreme Court Ruling Prorogation Unlawful, Brexit
The British Pound (GBPJPY) received a boost this morning as the UK Supreme Court ruled against the UK government’s suspension of parliament. The UK parliament can now be recalled and MPs could get back to work. GBPJPY saw a swift bounce in price from 134.15 to 134.63 on the news, [...]
Preview of Economic News Releases for the Week
What are the key economic news releases for the week? Monday has no news releases of note, so Tuesday is when things will kick off, starting with the Average Earnings Index from the UK at 8.30am GMT. At 12.30pm GMT, the CPI data as well as its core component will [...]
GBPCHF Witnesses Selloff on Lower than Expected UK GDP Figures
The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of poorer-than-expected GDP results from the United Kingdom. The UK GDP came in at 1.2%, which was lower than the market consensus of 1.4%. This preliminary GDP results adds to the [...]
Q4 Global Market Outlook
Published: September 2019 | Authors: Alejandro Zambrano, Martin Lam, and Ramy Abouzaid.
GLOBAL MARKET OUTLOOK Q4, 2019
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