Posts Tagged ‘G10’
Fed Minutes Likely to Boost Dollar
GBP The pound had a poor week as it lost ground versus every G10 currency, bar the Swiss Franc. Versus the dollar and euro, sterling depreciated by 0.3%. It appears that the bullish sentiment on the pound has lost support over the last week, as markets start to question the Bank of England’s optimistic outlook,…
Read MoreBOE Looks to Remain Dovish
GBP The pound was the third best G10 currency last week as it strengthened by 1.2% versus the dollar and 0.3% against the euro. Falling Covid numbers helped to give sterling a boost, as investors regained confidence in UK economy and are no longer worried about restrictions needing to be put back in place. In…
Read More