The pound has come off its highs - whether that is because it is a bank holiday in the UK, or because investors foresee the possibility of PMI data disappointing latter in the week, is a moot…
Read more … →
The pound to euro is in a short-term uptrend after positive data from the UK dispelled myths the economy was going to lurch into a chasm after Brexit.
Read more … →
“Brexit fallout keeps us bearish of the Pound, especially after the short-covering rally of recent days.” - Kit Juckes at Societe Generale.
Read more … →
Can Pound Sterling hold onto this weeks gains? Data from the CBI could provide some clues.
Read more … →
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.
Read more … →
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 likel…
Read more … →
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.…
Read more … →