Friday , 22 November 2024
Home Forex GBP: Keeping its strength in the current environment – ING
Forex

GBP: Keeping its strength in the current environment – ING

The Pound Sterling’s recent strength has partly relied on the ‘no news is good news’ narrative, as quiet calendars allowed markets to look elsewhere for easing bets while happily keeping the Bank of England in the group of relatively hawkish outliers, ING’s FX strategist Francesco Pesole notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Russia deputy prime minister says oil market is balanced thanks to OPEC+

Novak had graduated from being Russia's energy minister to deputy prime minister...

EURUSD Technical Analysis – The Euro falls to the lowest level since 2022

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...

USDCHF Technical Analysis – The USD gets a bid on weak Eurozone PMIs

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...

US Dollar surges to two-year high as Eurozone PMIs disappoint

The US Dollar (USD) jumps on Friday to its highest level in...