Indicators are increasingly showing EUR/GBP could be losing strength and a reversal may be on the cards. The week ahead has ample opportunity for UK data to surprise or confirm the outlook for the economy. 

August 17,2016

The Bank of England will look to buy bonds with a  maturity of 3-7 years today. The success of the programme could well determine how the GBP trades.

September 6,2016

The GBP/USD rate has fallen below the key 1.3000 level and now looks poised for deeper declines according to analysts.

August 16,2016

Pound Sterling looks to be determined to stay above its 2016 lows, but the resilience will be tested over coming days when inflation and employment data are released.

August 14,2016

The Swedish krona has been the second worst performing major currency (behind the pound) in 2016 as the Swedish Riksbank has pressed an iron gauntlet firmly down on interest rates via one of the most uncompromising negative interest rate policies in the world, however, this is distorting the kronor’s ‘true’ value.

August 14,2016

The Norwegian Krone gained a massive boost after inflation data showed a 4.4% rise in prices in July, which substantially reduced the probabilities of the central bank having to release more monetary stimulus measures.

August 14,2016