27 October 2017 BofAML: British Pound "Almost Impossible to Trade"

For those watching the direction of the Pound, and becoming increasingly frustrated by its moves - you are not alone. Big-hitter analysts at one of the world’s largest investment banks fell the sam…

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26 October 2017 Euro Lower as ECB Signals "Dovish Recalibration" of Quantitative Easing Programme

The Pound-to-Euro rate could touch 1.1300 Thursday and reach as high as 1.1450 over the coming weeks but evolving market expectations for what the Bank of England does beyond November will be key.

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25 October 2017 Pound Pares Gains Vs Euro and Dollar But Renewed Economic Momentum Seals Deal For Interest Rate Hike

A stronger than expected number would mean policymakers have underestimated the resilience of the economy and could add support to currently-low expectations of additional rate hikes further d…

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25 October 2017 Pound Could Go to 1.1450 Vs Euro as BoE Hikes and Single Currency Struggles To Profit From ECB

An easing of Brexit fears, Wednesday’s GDP report and a bullish setup on the chart comes barely a week ahead of the Bank of England’s November monetary policy announcement.

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24 October 2017 Pound-to-Dollar: Yields Drive US Dollar Higher As Market Awaits Fed Chair Decision

There are multiple factors that could help sustain the Dollar’s advance on the Pound, including the prospect for markets to revise expectations for UK interest rates lower and US rates higher.

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24 October 2017 Pound Sterling to Enjoy a Strong November vs. Euro and Dollar if the Bank of England Wakes up to Just How Strong the UK Economy is

A recent slip in the value of the British Pound confirms jitters over future Bank of England interest rate settings are back in play, but there is a risk traders are being too pessimistic in their …

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23 October 2017 British Pound to Remain Bid Vs Euro as Traders Turn Coy on Common Currency Ahead of ECB Meeting

“We are closing out our long EUR/GBP trade for a profit of +1.57%. Given the subtle shift in tone for Brexit talks and the importance of next week’s ECB meeting, it makes sense to remove risk now” …

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