Friday the seventh of October saw the Pound fall to extreme lows, with some platforms registering declines commensurable with the referendum sell-off. Was it really all to do with something Francois Hollande said, was it the wayward swipe of an over-exuberant trader’s fat finger, or is it mostly due to a simple fact of a lack of liquidity?
October 13,2016
Charts are showing bullish potential after steep sell-off, whilst fundamentals are neutral, claim J P Morgan.
October 11,2016
Pound Sterling retains a heavy tone at the start of the new week with traders unwilling to bag a bargain on the currency even if it is artificially cheap.
October 12,2016
Ex-interbank trader Sean Lee at ForexTell explains what happened during the Pound’s algorithmic collapse and why such a fall would not have happened in years gone by.
October 8,2016
Pound Sterling is under severe pressure ahead of the weekend - is the currency now oversold or will the coming week deliver more of the same.
October 8,2016
Kathleen Brooks at City Index in London talks us through the shock flash crash in the British Pound on Friday and whether or not it can happen again.
October 7,2016
Sterling remains highly sensitive to risk sentiment associated with Brexit as we evidenced by the sharp declines witnessed through the opening days of October.
October 8,2016
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