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Will Brexit Break GBP But Make EUR? – Credit Agricole

Markets have calmed down overnight with GBP and less liquid G10 currencies regaining some lost ground. At the same time, USD and JPY - arguably the biggest winners of the Brexit selloff - have pared some recent gains. We believe Read More →

Pound bounces from 31-year low as rating agencies add heat to the battered currency

The dollar and yen eased overnight while sterling crept up from a 31-year low on Tuesday as risk aversion triggered by the shock of Brexit eased slightly, however many market participants are still not calling a bottom for the battered Read More →

GBPCHF – British Pound Eyeing 1.2700 Vs Swiss Franc

Key Points

  • British Pound suffering continued this week against most major currencies, including the Swiss Franc.
  • The Read More →

Daily Report on June 27, 2016

The historic events of Friday have driven the global market into a rough patch. The British pound, is sliding back toward the lows of Friday, early in today’s trading session. This comes after the Pound had recovered slightly from the Read More →