HSBC upgrade Pound Sterling forecasts, but commentators say analysts at the high-street giant are “chasing their own tail”.
Read more … →Pound Sterling's run higher against the Euro will be tested this week by some key resistance points observable on the technical charts while the Bank of England's Mark Carney, Prime Minister Theres…
Read more … →The uptrend is still intact despite a pull-back following poor wage data.
Read more … →Should current gains extend above 1.11, a fall to parity in the GBP/EUR exchange rate becomes increasingly unlikely.
Read more … →Last week Mario Draghi dismissed concerns about the impact of the appreciating Euro on the Eurozone's fragile recovery and as a consequence, the Euro rallied.
Read more … →The EUR/GBP is pushing below the 50-day moving average following the release of higher-than-expected UK inflation data.
Read more … →Futures market positioning is getting overstretched on the Euro - what could this mean for the exchange rate?
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