Exchange Rate Forecasts

August, 2005

Understanding Sterling’s Recent Volatility

Friday, August 5th, 2005

Sterling has been increasingly volatile in recent weeks, with a tug of war developing between the technical and fundamental outlooks. Add to this the impact of shock news, and you have a recipie for a jittery and directionless market. There have been three major factors affecting the pound since late May, each exerting a force [...]


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