Joachim Fells says Pound artificially weak

Joachim Fels, Pimco’s global economic adviser, has suggested the Bank of England is keeping the Pound artificially weak.

February 9,2017

Bank of England Forbes and the Pound

Pound Sterling recovered against the Euro, US Dollar and other majors after some surprising comments made by a member of the Bank of England’s key decision-making Monetary Policy Committee.

February 10,2017

retail sales uk pound exchange rates

The Pound got off to a shaky start on Tuesday morning and we think this may have something to do with surprisingly poor Retail Sales data, which brought into doubt the resilience of the economy post-Brexit referendum.

February 7,2017

deutsche bank exchange rate forecasts

Deutsche Bank do not think the British Pound’s January rally is sustainable and have given clients five reasons for remaining bearish the currency.

February 7,2017

pound euro forecast

The UK will have two years to negotiate its withdrawal from the EU once the government triggers Article 50.

February 7,2017

exchange rates 2

The release of Non-Farm Payrolls (NFPs) elicited little reaction from the Dollar on Friday.

February 3,2017

Pound exchange rate reaction to Services PMI

An interesting development has taken place over the course of the past few days - the Pound is finally starting to focus on data and other fundamental drivers once more.

February 3,2017

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