Foreign exchange analysts at Validus Risk Management say they remain cautious on the outlook for the Pound while investment bank Rabobank say the outlook for the UK currency has turned more cloudy.
June 21,2021
The British Pound has fallen ahead of the weekend in the wake of retail sales that disappointed against market expectations.
June 21,2021
The Norwegian Krone underperformed along with many other European currencies on Thursday but the outlook for it is underpinned and its scope for declines relatively limited by an increasingly ‘hawkish’ Norges Bank, which has said it’s now likely to raise interest rates in September.
June 17,2021
The British Pound's strength thus far in 2021 has caught the FX analysis team at HSBC by surprise, but they are unsure the good times will last for the currency.
June 17,2021
The British Pound advanced against the Euro, Dollar and other major currencies mid-week following the release of hotter-than-expected UK inflation numbers, but the key focus for FX markets remains tonight's Federal Reserve event which could trigger more durable moves.
June 16,2021
The British Pound is tipped to remain supported by analysts who say the announced delay to ending all Covid-19 restrictions in the UK was well known ahead of the actual announcement.
June 21,2021
The focus for the British Pound in the coming week includes a Monday call by the UK government on whether or not to fully relax Covid restrictions on June 21 followed by a slew of economic data releases due on Tuesday, Wednesday and Friday.
June 14,2021
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