Fundamental view: The British pound showed a mixed trend last week. British pound is going to be very volatile look at the Brexit situation not getting any more clarity. Furthermore, if we get some type of major “risk off move”, it could drive money into the US dollar. Finally, closing down the United Kingdom from [...]
Fundamental view: The British pound has initially pulled back just a bit during the trading sessions that make up the week, only to turn around and sliced through the 1.30 level. The question of who will be the next president remains in the front - The question remains open after long days of vote counting. However, Democratic nominee [...]
Fundamental view: The British pound has fallen a bit during the course of the week but recovered nicely to reach towards the 1.30 level. United Kingdom may have to slow its economy down, if not market down. We also have the Brexit situation, which is not getting any better, so that is something to pay attention to. [...]
Fundamental view: The British pound has been somewhat bullish during the week but has struggled at the end of the week. This market continues to be one that is going to struggle with the idea of whether or not we get a clean Brexit. The EU and the UK have continued negotiations – on the [...]
