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Sterling has taken a hell of a pounding on the ropes of late, however, both technically and fundamentally there are signs a recovery could be on the horizon, and an aged fighter’s bleary, bloodshot, half-opening eye is signalling there is still life in the old veteran yet.
August 23,2016
UK inflation is on the rise according to the latest data from the Office for National Statistics, and GBP has risen obligingly.
August 17,2016
Inflows into investment grade (IG) bond funds reached their highest peak ever as investors followed the lead set by the Bank of England following the announcement of its intention to buy 70bn bonds as part of its asset purchase scheme.
August 16,2016
Indicators are increasingly showing EUR/GBP could be losing strength and a reversal may be on the cards. The week ahead has ample opportunity for UK data to surprise or confirm the outlook for the economy.
August 17,2016
The Bank of England will look to buy bonds with a maturity of 3-7 years today. The success of the programme could well determine how the GBP trades.
September 6,2016
The GBP/USD rate has fallen below the key 1.3000 level and now looks poised for deeper declines according to analysts.
August 16,2016
Pound Sterling looks to be determined to stay above its 2016 lows, but the resilience will be tested over coming days when inflation and employment data are released.
August 14,2016
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