View full page at forexfactory.com

 

Cable building for a rally as the sterling bulls finally get a foothold

From hantecfx.com

Investors appear to be cautious as we begin a trading day that has a range of driving factors. Firstly, investors must ascertain the potential impact of further sanctions on Russia. Then, add into the mix the next batch of data which will show how the economic malaise in the Eurozone is developing. Furthermore, with volumes light (exacerbated by the US being on Labor Day public holiday) this means that there could be some price spikes. Wall Street closed positively on Friday and this outlook has remained through a mildly positive Asian session. The Chinese PMI data was slightly disappointing with a small miss of ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News