News

Morning Report: 13 August 2018

GBP. Sterling has traded downwards for the last 7 days but is holding its open this morning. Last week’s Gross Domestic Product release for Q2 did little to stem sterling’s slide, as, despite the quarterly reading being on target at 0.4%, June’s month-on-month reading slipped slightly below the 0.2% forecast, at 0.1%. The key for […]

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Morning Report: 10 August 2018

GBP. Sterling continued its decline against the dollar yesterday, despite a fairly positive start to the trading day. The afternoon’s dollar strength drove GBPUSD to post a sixth consecutive day of losses, a trend that has continued this morning. The release of Q2’s Gross Domestic Product may offer support for sterling today, as the 09:30 […]

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Morning Report: 10 August 2018

GBP. Sterling continued its decline against the dollar yesterday, despite a fairly positive start to the trading day. The afternoon’s dollar strength drove GBPUSD to post a sixth consecutive day of losses, a trend that has continued this morning. The release of Q2’s Gross Domestic Product may offer support for sterling today, as the 09:30 […]

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Morning Report: 09 August 2018

GBP. Sterling suffered the worst from the dollar rally yesterday out of the G10 currencies. This morning sterling hasn’t started strongly, especially when measured against the euro as it dipped to fresh 11-month lows, but has since clawed back some early losses. Brexit sentiment continues to wain on sterling, and with no headline data nor […]

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Morning Report: 09 August 2018

GBP. Sterling suffered the worst from the dollar rally yesterday out of the G10 currencies. This morning sterling hasn’t started strongly, especially when measured against the euro as it dipped to fresh 11-month lows, but has since clawed back some early losses. Brexit sentiment continues to wain on sterling, and with no headline data nor […]

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Morning Report: 08 August 2018

GBP. With little top-tier data and a lack of sterling headlines, GBPUSD rallied due to the general unwind of dollar strength in the morning of yesterday’s session. The only things of note yesterday were; Monetary Policy Committee member Ian McCafferty spoke about the uncertainty of QE’s withdrawal impact on radio, data suggesting starting salaries in […]

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Morning Report: 07 August 2018

GBP. Sterling was the worst performing G10 currency against the dollar yesterday, depreciating nearly half a percentage point. The weekend’s Brexit headlines set the tone for sterling which started trading downwards in the morning session, and a swathe of dollar strength in the afternoon, which sent EURUSD lower, pushed sterling’s decline onwards. This morning, the […]

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Morning Report: 06 August 2018

  GBP. It took Bank of England Governor Mark Carney to discuss Brexit possibilities on Radio 4 last Friday for sterling to reach a fresh 7-week low following a dovish hike on Thursday. Carney stated that the possibility of a no-deal Brexit is uncomfortably high, and developments over the weekend have done little to shake […]

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Morning Report: 06 August 2018

  GBP. It took Bank of England Governor Mark Carney to discuss Brexit possibilities on Radio 4 last Friday for sterling to reach a fresh 7-week low following a dovish hike on Thursday. Carney stated that the possibility of a no-deal Brexit is uncomfortably high, and developments over the weekend have done little to shake […]

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Morning Report: 03 August 2018

GBP. Super Thursday didn’t prove “super” for sterling, which eventually depreciated by 0.84% against the dollar. Despite hiking interest rates 25 basis points to 0.75%, dovish undertones by Bank of England Governor Mark Carney in the press conference caused sterling to fall. Carney stated that the marginal tightening by the BoE was only to keep […]

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Ranko Berich

Ranko Berich

Ranko Berich is Head of Market Analysis at Monex Europe & Monex Canada. He is a respected macroeconomic commentator, combining incisive market insight with a deep understanding of global economic and political events.

Ranko leads our team of analysts, providing commentary and insight on the markets as news breaks.

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