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: 2025.04.28
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GBP outperforming with marginal gain - Scotiabank
Breaking news
GBP outperforming with marginal gain - Scotiabank
New
2025.04.28 20:46
2025.04.28 20:46
2025.04.28 20:46
Pound Sterling (GBP) is up a modest 0.2% in quiet trade, outperforming most of the G10 currencies heading into Monday's NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
CBI sentiment better than expected
"The CBI sentiment figures were slightly better than expected but still negative overall and at the lower end of their recent historical ranges. There are no major data releases scheduled ahead of the May 8 Bank of England policy decision."
"Markets are pricing 26.5bpts of easing (more than one full cut) and pricing just over 90bpts of cumulative easing by December. The BoE will also release its lates inflation report, along with a fresh set of forecasts that will provide some insight into the Bank's views on the economic impact of US tariffs."
"GBP/USD's bullish trend is intact, and looks set be maintained despite last week's pullback. The RSI is bullish and hovering well above 50 in the mid-60s. Near-term support is expected in the mid/lower-1.32s and resistance is expected above 1.3400."
Last updated
: 2025.04.28
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EUR/USD Price Analysis: Euro holds gains after European session amid bullish signals
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2025.04.29 00:29USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus
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2025.04.28 23:12ECB's Rehn: We should not rule out rate cuts below neutral rate
European Central Bank (ECB) policymaker Olli Rehn said on Monday that underlying inflationary pressures in the Eurozone are easing, per Reuters.
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2025.04.28 22:40ECB's de Guindos: Incoming data suggest modest growth in the first quarter of 2025
European Central Bank Vice President Luis de Guindos told European lawmakers in Brussels on Monday that incoming data suggest that the Eurozone economy grew at a modest pace in the first quarter of 2025, per Reuters.
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2025.04.28 22:36US Treasury Sec. Bessent: All aspects of government are in contact with China
In an interview with CNBC on Monday, US Treasury Secretary Scott Bessent said that the all aspects of the government are in contact with China, per Reuters.
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2025.04.28 21:10JPY is up slightly - Scotiabank
Japanese Yen (JPY) is entering Monday's NA session with a marginal gain against the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2025.04.28 20:47GBP outperforming with marginal gain - Scotiabank
Pound Sterling (GBP) is up a modest 0.2% in quiet trade, outperforming most of the G10 currencies heading into Monday's NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2025.04.28 20:45EUR soft in quiet trade - Scotiabank
Euro (EUR) is soft, entering Monday's session with a marginal decline against the US Dollar (USD) and underperforming most of the G10 currencies in quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2025.04.28 20:43CAD holds near fair value as markets await election outcome - Scotiabank
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2025.04.28 20:42Disclaimer:
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