Daily Market Update 10th August 2016
U.S. productivity falls for third consecutive quarter
U.S. productivity falls for third consecutive quarter
Saxo Bank head of FX Options trading Dan Larsen provides investors with an update on the movements seen in FX markets following the Bank of England's decision to cut rates.
Larsen believes today's cut could be just the beginning for Carney and company.
Asia stocks gain, pound weakens on BoE easing, U.S. jobs data awaited
Ian Coleman, of First4Trading.net, explains in a technical analysis of charts why he is planning to trade USDCHF.
He aims to sell USDCHF at 97.65 with a stop at 98.50. His initial target is 96.00 and his medium-term target is 93.50.
Sterling slips as BoE rate call looms, Asian shares boosted by oil