The pound to euro is in a short-term uptrend after positive data from the UK dispelled myths the economy was going to lurch into a chasm after Brexit.
August 29,2016
“Brexit fallout keeps us bearish of the Pound, especially after the short-covering rally of recent days.” - Kit Juckes at Societe Generale.
August 27,2016
Can Pound Sterling hold onto this weeks gains? Data from the CBI could provide some clues.
August 27,2016
The Bank of England (BOE) prepares another reverse auction to buy more of the billions of pounds worth of bonds needed to meet the target on its QE programme.
September 6,2016
The fall in the rupee following the appointment of the new governor of the Reserve Bank of India, Urjit Patel was surprising given his hawkish credentials. So what could explain it? And is it likely to be a long-term effect?
August 29,2016
The current rally in the pound is unlikely to last, according to Commerzbank’s technical analyst Karen Jones, who thinks the euro will push higher versus sterling in the near term to a target at 0.8815.
August 24,2016
The GBP is moving higher at the start of a new week, but there remains a huge distance to travel before the losses triggered by the EU referendum are erased.
August 24,2016
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