Brexit didn’t just transform the exchange rate, it also changed age-old patterns in the way Sterling is traded in the different time-zones that make up the 24-hour FX market.
Read more … →Latest data that sheds light into how traders on the vast global foreign exchange market are positioned confirms bets for further Euro strength remain the most popular trade.
Read more … →“Sell GBP/$ into the BoE meeting but 1.2850-1.2900 may be the lowest we get” - Viraj Patel, ING Bank N.V.
Read more … →There are two reasons we believe Sterling is holding its nerve despite recent headlines regarding Brexit looking unhelpful.
Read more … →Pound Sterling is shown to be the most undervalued major global currency at present having been unable to recover from the steep decline following the UK’s EU referendum held in June 2016.
Read more … →Pound Sterling is failing to convince us that it is ready to deliver a shot of upside at present.
Read more … →It is “still a bit too early to be pricing in any Brexit transitional deal hopes.”
Read more … →