| 02 Feb 2017 03:22 | Pound Sterling Live |
A leading foreign exchange analyst at Bank of America Merrill Lynch Global Research has written to clients saying that the days of Pound Sterling weakness are limited and that they should be looking to a long-term upturn in coming months. The call ...
more| 30 Aug 2016 11:30 | Financial Post |
For eight years, TTT Moneycorp Ltd. regularly took Dariusz Suchicki to dinner and soccer matches, all while selling him, as the head of finance of a U.K.-based importer of Polish foods, a series of complex currency derivatives. When the pound started ...
more| 30 Aug 2016 04:45 | FXTimes (registration) |
The British Pound after testing 1.3280 versus the US dollar failed and collapsed. There is a minor bearish trend line on the hourly chart of the GBPUSD pair, which is currently acting as a resistance.
moreGBP/USD may continue to give back the rebound from the August low (1.2864) as U.K. Mortgage Applications are anticipated to narrow for the second consecutive month in July, with current market forecast calling for an annualized reading of 61.9K.
moreGBPUSD– Retail FX traders are now net-short the British Pound versus the US Dollar for the first time since the pair set a key top near the $1.33 mark, and a contrarian view of 'crowd' sentiment leads us to watch for further GBP/USD gains. Our data has ...
more| 12 Aug 2016 07:50 | Pound Sterling Live |
The Pound has fallen nearly 13% against the Dollar since the UK referendum on EU membership and is the worst-performing major (DM/EM) currency in the period since June 23rd by far.
moreIt may be cloudy and cold, with stones rather than sand underfoot, but the English seaside could get an unexpected boost this summer - courtesy of the Brexit.
more| 12 Feb 2016 04:33 | Pound Sterling Live |
This time, the USD's overvaluation is largest against the JPY, NOK, SEK and GBP. “EURUSD appears cheap, trading around one standard deviation below its FEER, while GBPUSD is also cheap, trading 14% below its FEER of 1.64,” says Sneyd.
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