CrossBorderBoost News

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915.

GBP/ USD refreshes three-week high while extending the latest pullback  from 1.2600 as the cable is trading around 1.2645, up 0.27% on a day. EUR/USD pair is gaining 0.23% at 1.1355 though Thursday's 4-hour chart  is pointing to; USD/CNY pair slid 0.2% to 6.9878.

GBP/USD holds up around 1.2550 ahead of Sunak's speech, Brexit Optimism,  EUR/USD capped under 1.13 as Lagarde hints at inaction, Dollar Index  Up.

GBP/USD recovers from 1.2490 as US dollar fades upside momentum. EUR/USD is now trading below the 1.13 level after having failed at the 1.1350 resistance for a third time. The dollar index, was up 0.2% at 96.896.

GBP/USD extends Friday’s recovery gains from 1.2438 amid broad US dollar weakness to 1.2496 as registers 0.13% gains. EUR/USD climbs to fresh 2-day tops near the 1.1300 mark; Dollar Index down.

GBP/USD drops 0.13% to 1.2453, having hit a daily low of 1.2438. EUR/USD: Base at the 1.12 level suggests another leg higher – OCBC The dollar index was down 0.1% at 97.203, while USD/JPY was flat at 107.50.

Euro zone is expected to show a rise in the unemployment rate to 7.7% from 7.3% in April. U.S. crude futures traded 1.2% higher at $40.30 a barrel. The international benchmark Brent contract rose 1.3% to $42.58. Gold futures were largely flat at $1,780.25/oz. GBP/USD has just emerged above 1.25, up 0.25% on a day EUR/USD picks up pace and approaches 1.1300 Dollar on the defensive in early European trade Thursday.

GBP/USD: Positive comments from Barnier unable to demolish the 1.24 barrier – OCBC Bank EUR/USD: Hardy double-bottom at 1.1190 provides support

EUR/USD traded at 1.1216, down 0.2%. GBP slides under $1.23 ahead of UK PM Johnson speech; US Dollar edges higher before quarter-end  GBP / USD 1.2261 GBP / EUR 1.0932 EUR / USD 1.1219 GBP / JPY 132.08 GBP / CHF 1.1673 GBP / CAD 1.6770 GBP / AUD 1.7884 GBP / NZD 1.9150 GBP / CNY 8.5901 GBP / SGD 1.7119 GBP / ZAR 21.161

Europe Edges Higher; DAX Outperforms Airbus stock climbed 1.3% despite a 40% drop forecast Oil prices fell back; Chesapeake Energy to seek bankruptcy protection U.S. crude futures traded 1.6% lower Lagarde Says The Worst Is Over. Time To Panic? Sterling on track for a dismal month. Euros zipping off the presses. Dollar up on fear factor.  GBP / USD 1.2360 GBP / EUR 1.0985 EUR / USD 1.1250 GBP / JPY 132.50 GBP / CHF 1.1710 GBP / CAD 1.6880 GBP / AUD 1.7060 GBP / NZD 1.9200 GBP / CNY 8.7500 GBP / SGD 1.7210 GBP / ZAR 21.305