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British Pound Jumps on Bank of England Event: Currency and Analyst Reactions - Pound Sterling Live

We warned ahead of the event that should more than two members of the MPC vote for a rate rise this would be taken as an early bullish indicator for Sterling. Indeed, the reaction by Pound Sterling confirms this to be the case: The Pound-to-Euro ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/21/2018

British Pound Today: Analysts Strike a Bullish Note Ahead of Bank of England Meeting - Pound Sterling Live

The Pound-to-Euro exchange rate meanwhile continues to muddle along in a familiar range and is quoted at 1.1376. Given the dour sentiment towards Sterling, one strategist tells us there could be value in betting on a recovery in the Pound as is often ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/21/2018

Wheat petite: China's wheat output set to drop sharply in wake of bad weather - Reuters

"Wheat prices have jumped very fast since the new harvest hit the market, which will probably push up imports of quality wheat this year," Wang said. Wheat prices in Shandong have climbed 5 percent in the past two weeks to around 2,390 yuan ($369.19 ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/21/2018

EUR/GBP steadily recovers toward 0.88 after UK PM May wins key Brexit vote - Forex Crunch

The EUR/GBP pair dropped to its lowest level of the day at 0.8767 in the first half of the NA session but started retracing its losses on the back of political developments from the UK. As of writing, the pair was trading at 0.8790, down only 6 pips on ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/21/2018

Here's one way for pound bulls to prep for the Bank of England policy meeting - MarketWatch

To get around that, traders looking for a more hawkish tone from the Bank of England might look to the euro-sterling EURGBP, -0.4438% pair, which is also seen as a more accurate Brexit risk barometer, analysts said. The euro was up slightly against the ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/21/2018

British Pound vs. Euro: "Downside Risk Looks Limited" - Pound Sterling Live

Brexit-related risks in the UK remain elevated with the passage of the European Union (Withdrawal) bill forming the focus for Sterling this week and analysts reckon the currency is unlikely to find a substantive bid until the bill gains Royal Ascent ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/20/2018

Pound Sterling Relief Amidst Signs May has Struck a Deal on Key Brexit Legislation - Pound Sterling Live

The British Pound is seen staging a shallow recovery as financial markets work through the mid-week session amidst signs that UK Prime Minister Theresa May will be able to keep her party united enough to pass a key piece of Brexit legislation. The ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/20/2018

England's World Cup win over Tunisia: five talking points - The Guardian

Amid all the positivity which had swept this vibrant, attack-minded England side to Volgograd and the joy which accompanied their departure back to St Petersburg, Gareth Southgate will be more acutely aware of this team's shortcomings now. Principal ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/20/2018

EUR/GBP: Could Finally Break Away From Short Term Trading Range - TradeCaptain

The EUR/GBP could finally break-away from its well defined short-term trading range today, as the cross-pair faces key risk-events from the Brexit vote and UK and Eurozone data. The EUR/GBP pair's short-term range has been largely contained between it ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 06/20/2018
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