January 20th, 2010 22:42:17 GMT

Lots of GBP buyers around


There are a few dynamics happening here; firstly we are seeing a lot of GBP shorts covering their positions as the prospect of indefinitely low interest rates recedes. Secondly we are seeing some significant buying of sterling by real money … Continue reading


January 18th, 2010 23:10:32 GMT

Cable maintains bid tone


Cable closed in NY above its recent trendline resistance and further gains look possible. Sentiment for the pound has undergone a major change since the new year was ushered in and many analysts are now looking for significant gains especially … Continue reading


January 7th, 2010 05:20:33 GMT

Jugular Balls?


It isn’t today’s leadership challenge ruck that’s at stake here, from where I’m sat sitting snuggled in from the snow. What’s more, it all ended as quickly the way the last rebellion did, some six months back, presumably after Baron Munchtrousers once again … Continue reading

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