-
GBP/USD may already be struggling to hold on to the breakout
There is an uncertain feel to financial markets at the moment. Earnings season in the US has failed to ignite the bulls on Wall Street, where despite a string of positive corporate numbers and a nice beat of expectations on the existing home sales yesterday, the S&P 500 closed 0.5% higher and is still rangebound. Furthermore, overnight the data out of Asia was disappointing. Flash manufacturing PMI readings for both Japan and China both missed expectations and also worryingly showed that they were falling below 50 and into contraction territory. Although Asian markets have been mixed to slightly positive in their ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 23, 2015 6:43am Apr 23, 2015 6:43am
- Forexpcb
- | Commercial Member | Joined Feb 2015 | 120 Comments
- Comment #2
- Quote
- Apr 23, 2015 6:59am Apr 23, 2015 6:59am
- Manudatinh
- | Joined Nov 2008 | Status: Member | 397 Comments
- Comment #3
- Quote
- Apr 23, 2015 7:12am Apr 23, 2015 7:12am
- Thurira
- | Joined Mar 2015 | Status: Member | 93 Comments
- Comment #4
- Quote
- Apr 23, 2015 2:30pm Apr 23, 2015 2:30pm
- peacourt
- | Joined Nov 2012 | Status: Member | 84 Comments