Jamie Saettele

British Pound At Risk As Yield Expectations Decline
The consumer credit report and mortgage approvals highlight the upcoming week’s event risk as signs that banks continue to hoard cash and tighten lending standards will dim the outlook for future growth.

British Pound Looks To Improved Demand And Growth For Support
The British pound resumed its bullish trend after ending lower the week prior with the GBP/USD closing higher for the fifth time in the past six weeks.

British Pound To Face Slower Price Growth, Drop In Jobless Claims
The British pound held a narrow range as the Bank of England refrained from releasing a policy statement following its interest rate decision for July.

Japanese Yen Trend Points To Slowdown In Gains
The Japanese yen may witness choppy price action to start next week as U.S. markets will be closed on Monday in observance of the U.S. Independence day holiday.

British Pound Bullish Price Action Looks To Be In The Horizon
For this upcoming week, traders are sure to keep a close eye on further technical developments as the markets digest the recent fundamentals in Great Britain.

British Pound Could Be Weighed By Increased Austerity Measures
The upcoming Bank of England minutes will provide some insight into policy makers thought process but may lose their value considering that the budget release could significantly alter their thinking.

Canadian Dollar Looks For Direction As EU Concerns Weigh On Outlook
The economic docket is forecasted to show new motor vehicle sales slump 5.0 percent, marking the third decline in the past four months, while wholesale sales is surveyed to expand 0.3 percent for the month of April.

British Pound To Look Past Rate Decision
The British pound may look past an interest rate announcement from the Bank of England to fall in line with the trends in risk sentiment, setting up the currency for losses amid an aggressive return to risk aversion.

British Pound Could Falter On Weak Manufacturing
The economic docket will bring event risk in the form of the PMI manufacturing report as the sector has been the main driver of growth.

British Pound Could Benefit From Upward Revision In GDP
The British pound maintained a narrow range after bouncing back from a fresh yearly low.