GBP: Sterling outperforms on positioning – ING | FXStreet
Chris Turner at ING notes that despite broad Dollar strength, the Pound has outperformed the Euro, with EUR/GBP dropping sharply during a recent deleveraging phase. He attributes this to stretched ...
Source: FXStreet
Chris Turner at ING notes that despite broad Dollar strength, the Pound has outperformed the Euro, with EUR/GBP dropping sharply during a recent deleveraging phase. He attributes this to stretched positioning and reduced expectations for Bank of England easing.