Pound Needs BOE’s Support to Push Higher

By Currency Global | July 5, 2021

GBP The pound had a volatile time last week with both positive and negatives driving the currency up and down. On Thursday, the Bank of England Governor Andrew Baily made a speech where he warned overreacting to “temporary” inflationary pressures, prompting some re-pricing in tightening expectations and sell off in Sterling. On the positive side,…

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The First ever virtual Jackson Hole Symposium

By Currency Global | August 24, 2020

GBP The pound had a turbulent second half of last week, on Wednesday it nearly equaled the year high against the dollar before dropping a percent and a half. Cable then repeated this pattern over the course of Thursday afternoon and into Friday. Against the euro we saw a similar volatility of 1.4% towards the…

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