Latest data that sheds light into how traders on the vast global foreign exchange market are positioned confirms bets for further Euro strength remain the most popular trade.
July 31,2017
“Sell GBP/$ into the BoE meeting but 1.2850-1.2900 may be the lowest we get” - Viraj Patel, ING Bank N.V.
August 1,2017
There are two reasons we believe Sterling is holding its nerve despite recent headlines regarding Brexit looking unhelpful.
July 28,2017
Pound Sterling is shown to be the most undervalued major global currency at present having been unable to recover from the steep decline following the UK’s EU referendum held in June 2016.
July 26,2017
Pound Sterling is failing to convince us that it is ready to deliver a shot of upside at present.
July 26,2017
It is “still a bit too early to be pricing in any Brexit transitional deal hopes.”
July 25,2017
It’s “time to sell GBP” says Athanasios Vamvakidis, a foreign exchange strategist with Bank of America Merrill Lynch Global Research.
July 25,2017
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