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.
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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 mo…
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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 moneta…
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A more stable political climate and steadily rising GDP are likely to help the Thai baht continue to rise versus the Brexit-broken pound, with the current exchange rate hovering over the 45 lows.
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Nerves regarding the effectiveness of the Bank of England’s reverse bond-buying auction has been set aside as it found the requisite buyers.
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A run-down on why the GBP has weakened notably in spite of better-than-forecast economic data and where it is potentially going from here.
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The GBP/INR rate is in a steady down-trend after the Bank of England (BOE) announced a comprehensive monetary stimulus programme. The rate remained relatively unchanged after the Reserve Bank of In…
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