Neil Dwane, global strategist at Allianz Global Investors has said fast money appears to be behind the ongoing decline in Sterling but the Euro remains the most undervalued currency in the world, despite its recent strong run.
August 25,2017
Theresa May gained something of a reputation for performing policy u-turns in the 2017 General Election; an unfortunate reputation that lost her majority in the House of Parliament.
August 24,2017
Analysts at a leading global investment bank have cut their forecasts for Sterling-Euro but say warnings of a fall to parity are overblown while Brexit risks are seen diminishing.
August 23,2017
The big driver for Pound Sterling over coming weeks will firstly be the intention of the European Central Bank regarding the tapering of its stimulus programme. We have cited September 7 as being key in this regard.
August 21,2017
The latest insight into the positioning of traders on the vast foreign exchange market place confirm sentiment towards Pound Sterling remains negative.
August 19,2017
The biggie for the Euro therefore comes at the September ECB meeting where forecasts from the Bank’s staff are also released.
August 19,2017
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