The steady recovery in the GBP exchange rate complex since the October lows is unlikely to extend into the new year we are told.
Read more … →So much for the pound’s rally having run its course in November, GBPUSD has taken another leap higher on Thursday.
Read more … →Pound Sterling looks intent on carrying its positive momentum built through the course of November into the new month.
Read more … →A strong morning for Pound Sterling was given a fillip by some better-than-forecast lending data from the Bank of England.
Read more … →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.
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