Trading the dragon (GBP/JPY) higher is the advice of analysts at Morgan Stanley a unique conjunction of factors sees upside pressure increase.
November 12,2016
Pound Sterling is benefiting from a major rerating of global bond markets and the notion that a trade deal with the US has strengthened the UK’s hand ahead of Brexit negotiations.
November 13,2016
Foreign exchange markets have dumped the Dollar and high-yielding currencies as markets price in a Donal Trump victory in the United States presidential elections.
November 10,2016
Those analysts who follow price charts are noting Sterling’s major pairs are undergoing a bullish revolution which is reflected in a new breakout move.
November 9,2016
News that the UK Government may only seek Parliamentary resolution on triggering Article 50 is weighing on Sterling this Monday.
November 8,2016
The new week has not favoured Pound Sterling with the only bright spot appearing to be its ability to remain in touching distance of the Euro.
November 8,2016
Sterling retains a strong bid against most of its G10 peers into the weekend with the final potential pitfall of the week - US employment data - being successfully negotiated.
November 6,2016
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