Menu

Monthly archive June, 2016

Brexit Wins: New Targets For GBP/USD, EUR/GBP – BTMU

While the Brexit vote was a shock (we attached a 40/45% probability), we are not surprised by the initial currency market reaction. Cable still remains within our forecasted one-month range between 1.3000 and 1.5000.

In our previous base case Read More →

Sharp FX Moves Next Few Days; Further GBP Downside – Goldman Sachs

Given the potential global ramifications of the UK vote and its effect on central banks’ policies, we also place our FX forecasts under review. We will reassess our medium-term views on G10 FX as our economists revise their economic and Read More →

Week Ahead: Brexit: This Is Not A Drill – FX Markets Drivers & Views

The Brexit camp won the EU referendum triggering a violent risk off reaction. There should be three key drivers of FX price action from here.

The first is a continuation of the GBP underperformance on the back of the Read More →