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Renewed risk-off environment promotes GBP vulnerability

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Global Market The currency markets are continuing to look jittery, with pairs currently alternating between gains and losses. Dollar sensitivity continues to take center stage as market participants systematically reduce their bets on a US rate hike in 2015. Sentiment towards the USD remains bearish and a declining ISM Non-Manufacturing PMI release in Monday’s US session reinforced further pressure within the USD. The weak NFP release in addition to a decline in manufacturing in the States

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