CBI Distributive Trends Survey and the Pound Sterling

Can Pound Sterling hold onto this weeks gains? Data from the CBI could provide some clues.

August 27,2016

bank of england and the pound 1

The Bank of England (BOE) prepares another reverse auction to buy more of the billions of pounds worth of bonds needed to meet the target on its QE programme.

September 6,2016

indian rupee exchange rate

The fall in the rupee following the appointment of the new governor of the Reserve Bank of India, Urjit Patel was surprising given his hawkish credentials. So what could explain it? And is it likely to be a long-term effect?

August 29,2016

british pound 1

The current rally in the pound is unlikely to last, according to Commerzbank’s technical analyst Karen Jones, who thinks the euro will push higher versus sterling in the near term to a target at 0.8815.

August 24,2016

GBP exchange rates up on CBI data

The GBP is moving higher at the start of a new week, but there remains a huge distance to travel before the losses triggered by the EU referendum are erased.

August 24,2016

Exchange rate forecasts

After week’s of decline Pound Sterling has finally managed to outperform some of its key rivals.

August 21,2016

indian rupee exchange rate

The pound to Indian rupee may have gained some ground in recent day’s due to the higher-than-expected UK Retail Sales data released on Thursday and concerns about Reserve Bank of India governor Rajan’s successor, but the pair has also formed a very bearish chart pattern which bodes ill longer-term.

August 19,2016

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