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Author: Adam Button

Cable up nearly a cent on the day as the US dollar sags.

GBP/USD up 95-pips to 1.5215; high so far at 1.5218.

  • Offers at 1.5240/50
  • More at the April 27 high of 1.5262
  • Strong offers at 1.5280
  • More large offers at 1.5295/1.5300
  • Offers at 1.5343

Bids:

  • 1.5157
  • 1.5154 - 100dma
  • 1.5088 - European spike low
  • 1.5080/70
  • Strong bids at 1.5055/50

It's the first gain after three days of losses.

cable intraday

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Author: Adam Button

Stocks melt in Europe and the US

Closing changes in Europe:UK FTSE -0.6%German DAX -2.4%French CAC -2.1%Italy MIB -2.8%Spain IBEX -1.9%Losses in the S&P 500 have ex ... (View Article for More)

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Author: Adam Button

New Zealand GlobalDairyTrade index -3.5%

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Bonds cracking, what it means for the euro

Bonds and stocks both selling off today. US bonds are lower for the seventh consecutive day, with the decline accelerating for the seve ... (View Article for More)

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