The Indian government’s decision to scrap high denomination notes in order to crack down on counterfeiting and money laundering has had the unintentional effect of weakening the rupee.
Read more … →A deterioration in the borrowing outlook could be either good or bad for Pound Sterling, depending on the source of that deterioration argues RBC Capital’s Adam Cole.
Read more … →The Autumn Statement is the highlight of the next 24 hours in foreign exchange trading and we look at the levels to target.
Read more … →Pound Sterling faces a week of political risk with the highlight being the mid-term budget on Wednesday November 23.
Read more … →The evolving Brexit story continues to churn, but in a more favourable direction for GBP of late it would seem.
Read more … →Pound Sterling trades mixed at the start of the new week with the currency’s recent outperformance starting to fade.
Read more … →Trading the dragon (GBP/JPY) higher is the advice of analysts at Morgan Stanley a unique conjunction of factors sees upside pressure increase.
Read more … →