Is the worst over for GBP?
August saw Sterling plumb new multi-month lows against several currencies, including USD, CHF, and EUR. But the past week...
Read MoreGBPEUR, the rate remains on a downtrend
On GBPEUR, the rate remains on a downtrend channel after a rebound from 1.110. The risk remains to the downside,...
Read MoreUSD – Has the tide turned?
The US Dollar is under some pressure after criticisms from President Trump. Specifically, he was not happy about recent...
Read MoreBrexit negotiations: Deal or no deal?
The British prime minister is fighting hard to move the Brexit negotiations forward. But even she can not reconcile...
Read MoreGBPUSD – Testing key psychological at 1.3000. Will it hold?
Ever since the Bank of England governor put doubts in a rate rise three months ago, the Pound Sterling...
Read MoreGBPAUD – Trend reversal?
For much of the past few weeks, Sterling has been weakening against the Aussie Dollar. The downtrend lasted about...
Read MoreGBPPLN – Selloff reaches key psychological level….
One recent market development is a sustained sell-off in emerging market currencies. Turkish Lira is one of the biggest fallers....
Read MoreGBPUSD – Slumps to new 2018 lows…..
The collapse of the new Italian administration is raising doubts about the political situation there and, more crucially, Eurozone’s...
Read MoreGBPCAD – BoC to decide on policy rate this week…
All eyes will be on the Bank of Canada this week when the monetary policy committee decides on the...
Read MoreGBPEUR – Trendless
Brexit posturing by both sides are continuing to hog headlines. The latest item to be debated is UK’s access...
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