GBPUSD picks up bids to refresh intraday high
GBP/USD Price Analysis: Bulls approach 1.2435 hurdle amid five-day uptrend GBP/USD stays on the front foot as bulls keep the driver’s seat during early Monday morning in Asia, after a two-week uptrend. That said, the Cable pair renews its intraday high near 1.2410 while rising for the fifth consecutive day as of late. In doing […]
S&P500 Futures continues downside on slowdown fears, yields refresh multi-month low
Market sentiment remains negative as lower US PPI has pushed S&P500 valuations to the expensive side. Firms have been forced to trim the prices of their offerings to match weaker demand. Lower US PPI-inspired downward revision for inflation projections has sent US Treasury yields to a multi-month low. Intense sell-off by the market participants in […]