Market Overview

GBP/USD Little Higher Ahead of Data

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GBP/USD is trading at 1.3302, up 0.0027.

The pair is trading rangebound and a little higher on the day.

Chatter about global money flows and European headline news is making the rounds.

Market talk about U.K. economic data due out next week and Bank of England monetary policy is starting to show up. The U.K. services PMI (purchasing managers survey) is scheduled for release Monday at 4:30 a.m. ET. The Bank of England (BOE) is scheduled to announce is there is any change to monetary policy on Thursday September 15th.

In other Forex Markets;
EUR/USD is trading at 1.1155, down 0.0042.
AUD/USD is trading at 0.7564, up 0.0014.
USD/JPY is trading at 103.99, up 0.73.
USD/CAD is trading 1.2993, down 0.0101.
USD/CNY is trading at 6.6794, up 0.0081.

Posted-In: british pound GBP/USDFutures Forex Markets

 

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