OctaFX | OctaFX Forex Broker
Open trading account
Back

Sterling loses immensely vs USD – Investec

Analysts at Investec share a positive outlook for sterling but see a number of challenges waiting ahead for it.

Key Quotes

“Sterling has lost roughly 10% vs the USD and 3% vs the EUR, compared to Q3 highs.”

“While the outlook for sterling does remain relatively positive, the prospect of rate hikes is still on the cards with the future path for GBP is very much an unknown.”

“With the threat of slowing inflation, a stuttering global economy and the UK General election in May, there are plenty of tests ahead.”

EUR/USD risk turns intraday south – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet notes EUR/USD pair is backing trading below the 1.2500 figure after reaching a daily high of 1.2577 over Asian hours.
Read more Previous

USD/CHF regains 0.9600

USD/CHF managed to bounce from below 0.9600 and turned positive for the day as the greenback strengthened across the board during the European session.
Read more Next
Start livechat