There is no domestic data due out of the UK economy on Monday so direction in the British pound will be derived largely from technical considerations and moves in the all-important US dollar and Euro.
August 28,2013
Analysts are forecasting the US dollar to register gains against a host of G10 majors for the remainder of this year.
July 19,2013
There is no data with the potential to shake sterling today; hence we are left at the whims of broader market moves - particularly as regards the US dollar. Sterling will also find technical trading considerations of importance. Today Pound Sterling Live will be focusing heavily on both technical and fundamental forecasts for the British currency.
August 28,2013
Following on from yesterday's boost to GBP in the wake of the release of the MPC Minutes we note sterling is mixed this morning - we have some retail sales numbers from the ONS at 9:30 which are predicted to confirm an improving UK economy and to solidify recent gains in GBP.
Highlights:
@9:30: UK retail sales beat expectations underpinning sterling
@11:30: IMF warnings back views that Bank of England has space to be accomodative
August 28,2013
Today's BoE minutes were just the prelude to the biggest market event of the day/week—the Fed Chairman’s testimony in front of US policy makers.
August 28,2013
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