A major barometer of Manufacturing activity in the UK, the Purchasing Manager Index, showed a marked gain on Tuesday after it rose to a three-year high of 57.3 in April from 54.2 in the month befor…
Read more … →The “key pillar of GBP bearishness is cracking,” say BMO Capital Markets.
Read more … →Pound Sterling is in demand on Thursday, April 27 amidst a broad-based aversion to risk amongst global investors.
Read more … →Putting it all together, Deutsche Bank’s new Sterling forecast reflects a more optimistic view of the Brexit endgame, but not of Sterling fundamentals.
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Read more … →The outlook for the Pound rests heavily on decision-making at the Bank of England where there is apparently little scope for a hawkish shift.
Read more … →Credit Suisse are the latest big-name in institutional research to say they are to revisit their forecasts for the British Pound.
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