Pound Sterling was unable to build a meaningful recovery, and risks are tilted lower this week, in which the Bank of England (BoE) dominates.
Read more … →GBP/EUR has been on the rise since mid-November, consistent with the relief rally we expected to transpire following the budget.
Read more … →Pound sterling's mini rally against the euro is intact.
Read more … →GBP/EUR extended losses following the release of above-consensus Eurozone inflation data.
Read more … →Pound sterling has stabilised against the euro, but it's too soon to start forecasting materially higher levels.
Read more … →Pound sterling's next big directional move risks a fall below 1.0 versus the euro when the next UK crisis swings around.
Read more … →Analysts at Nomura say major tail risks associated with this week's budget have been avoided, even if questions remain.
Read more … →