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Monthly archive June, 2016

GBPUSD – British Pound Surging Ahead of Results

Key Points

  • British Pound surged higher today against the US Dollar, and currently waiting for the UK Read More →

FX Risk Index: USD Downside Corrective – Credit Agricole

At 0.19 (vs 0.73 on 16 June) our Risk Index moved into less risk averse territory. The latest development is mainly due to somewhat higher expectations of the UK remaining part of the EU. That is at least suggested by Read More →

GBP finds support ahead of Brexit polls; likely to correct some gains ahead of results

Brexit. No other word will have more highlight today in the world of financial services. Expect hesitancy, volatility as the voting unfolds but results will only be in time for Friday’s breakfast according the British electoral commission.

The British Read More →

Daily Report on June 22, 2016

During yesterday’s testimony before the Senate Banking Committee, FED President Yellen stated that the central bank felt no pressure to raise the US benchmark rate. Due to the dark clouds of slowdown in domestic growth, sluggish development in global economies Read More →