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Feb 06 - 08:55 AM

GBP/USD - Over To New York-Sterling Softer Ahead Of Expected Rate Cut

By Martin Miller  —  Feb 06 - 06:48 AM

• EUR/USD -0.4%, USD/JPY -0.13%, GBP/USD -0.71%, AUD/USD -0.29%

• S&P E-minis 0.02%, DAX 0.77%, Nikkei 225 0.61%, FTSE 1.15%

• Recent correction paves the way for deeper EUR/USD drop

• USD/JPY's latest rebound could well run out of steam

• GBP/USD drops towards 1.24 before expected BoE rate cut

• AUD/USD within strike of 0.6275 as Greer digested

• Option expiries . U.S. Open

(Martin Miller is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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