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Monthly archive July, 2016

Pound extends multi-decade lows as investors fear recession after Brexit

The British pound plummeted to a new 31-year low on Wednesday, overwhelmed by continued fears over the U.K. leadership vacuum and the country's potential exit from the European Union (EU).

The pound crumbled to as low as 1.2796 against Read More →

GBPUSD – British Pound Remained Under Bearish Pressure

Key Points

  • British Pound continued to trade down against the US Dollar, and traded close to the Read More →

EURJPY – Euro Looks Poised For Declines

Key Points

  • Euro after trading as high as 114.78 found sellers and started to move down against Read More →

Markets After The Brexit Vote: Opportunities On 1-3 Month Horizon – Goldman Sachs

This FX Views gives our tactical assessment post referendum, meaning opportunities on a one to three month horizon.

First, “divergence” in fundamentals is alive and well, meaning that the US is outperforming – by a large margin – Europe Read More →

Cable slips as Brexit concerns re-emerge

The Australian dollar edged lower on Tuesday as forex investors braced for the possibility that the central bank may signal an imminent easing at its review later today. Meanwhile the safe-haven yen got a lift from worrying signs in China's Read More →