Employment data out of the UK on Wednesday 20th of January provided a welcome relief to those hoping for an end to sterlingโs decline.
Read more … →The recovery seen in the British pound at the start of the week has reversed following dovish comments from a Bank of England policy maker.
Read more … →The pound has reached a key support level against the Indian rupee supported by strong fundmaentals. If breached it could see the rupee rise substantially as GBP/INR goes lower.
Read more … →The Norwegian Krone has shrugged off the recent decline in oil prices due its to strong structural fundamentals, and, according to analysts at HSBC, is set to appreciate going into 2016.
Read more … →Positive news from China has broken the negative spell cast over the Aussie, which now sits poised to break out of a descending channel versus the pound.
Read more … →The British pound is forecast to weaken further against the US dollar but recover lost ground against the euro it is argued.
Read more … →Analysts at Credit Suisse see multiple Brexit flash points as increasing the chances of volatile swings in the pound in 2016, as they down-grade their GBP forecasts.
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