Tag: pound
GBP/NZD – the next week in an Inside Bar -20/03/2019
Looking at the GBP/NZD chart from a broader perspective, we can see that the quotations correct the strong decline lasting until October to December...
US dollar holds gains but broadly subdued
The greenback managed to hold on to the gains made from Friday on Monday's session. Price action was however rather subdued with the lack...
Dollar reaching its Nadir?
Economy turning positive as market expectations grow
It is perceived wisdom that rate hikes tend to follow a period of improved economic activity that needs...
It Cuts Both Ways
Commercial considerations should drive Brexit negotiations.
The other day I was at a meeting of “experts” in several fields where we were discussing Brexit “what...
Is the BoE ready to hike rates?
Sterling held above 1.32 against the dollar early Thursday as traders eagerly await the Bank of England's policy meeting today. Bond yields declined from...
Dollar Trend Remains Intact
Correction possible but no expectation for dollar strength.
The current dollar downtrend started just after Donald Trump's inauguration as President. Since June, the move has...
Manufacturing Surprise Lifts Pound
MPC facing conflicting factors
The Bank of England’s Monetary Policy Committee meets tomorrow. Despite the fall in inflation recorded in May, it is likely to...
Deutsche Bank: Theresa May speech – some clarity at last but not a game...
May at last provided the market some clarity on the UK government’s Brexit strategy. Key takeaways are summarized below, but PM’s careful avoidance of...