- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY retreats from the 172.00 area to session lows sub-170.50
GBP/JPY retreats from the 172.00 area to session lows sub-170.50
- The pound fails at 172.00 and drops below 170.50.
- Fed hike hopes and risk aversion weigh on the pound.
- The yen picks up as market sentiment deteriorates.
The pound is pulling back from long-term highs above 172.00, weighed by a broad-based USD strength and a sourer market sentiment. The pair has retreated about 0.5% on the day, to reach session lows at 170.35 so far.
The pound loses momentum with the US Fed on focus
Last week’s moderately positive market sentiment seems to have waned on Monday, with the investors in a more cautious mood ahead of the US Fed’s monetary policy decision. The bank is widely expected to hike rates by 75 basis points for the fourth consecutive time on Wednesday, which has provided a fresh boost to the USD.
Furthermore, the market seems to have digested Rishi Sunak’s appointment as British prime minister, which propelled the pound more than 2% higher against the yen last week.
This week, the focus has turned to the Bank of England’s monetary policy decision, due on Thursday. The BoE is also expected to hike rates by 0.75%, although the new cabinet, which has calmed the markets, coupled with the weak UK economic perspectives are feeding expectations of a somewhat softer tightening cycle in 2023.
In the Asian session, the positive Japanese retail sales, which rose beyond expectations in September, and the downbeat Chinese manufacturing data, also JPY-supportive on the back of its safe haven status, have increased downside pressure on the GBP.
Technical levels to watch
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
