Author Archive

• Sterling Digest: January 25, 2012
  faithmight, January 25th, 2012 at 8:59 am, Comments: 0

  The Bank of England is clearly dovish even as they decided to unanimously hold on monetary policy this month. UK GDP showing the British economy actually [...]

• Sterling Digest: January 24, 2012
  faithmight, January 24th, 2012 at 9:43 am, Comments: 0

  Traders look ahead to Mervyn King’s speech later this afternoon. Governor King has a great reputation for consistently talking down sterling. Given the gloomy fundamental [...]

• Sterling Digest: January 23, 2012
  faithmight, January 23rd, 2012 at 7:58 am, Comments: 0

  Sterling bullishness has dissolved into pronounced weakness across the board except versus the USD. USD weakness dominates to open the new trading week with $EURUSD [...]

• Sterling Digest: January 22, 2012
  faithmight, January 23rd, 2012 at 12:02 am, Comments: 0

  Sterling starts the week the way it ended the last: BULLISH. What most sterling traders are curious to see this week, however, is if this [...]

• Sterling Digest: January 20, 2012
  faithmight, January 20th, 2012 at 6:57 am, Comments: 0

  It’s been a slow grind of a week for sterling. Many of the GBP-related pairs were in corrective mode to major moves of the last [...]

• Sterling Digest: January 18, 2012
  faithmight, January 18th, 2012 at 7:04 am, Comments: 0

  The link of the day goes to Business Insider this morning for so eloquently stating what I have noticed for quite some time: that the [...]

• Sterling Digest: January 17, 2012
  faithmight, January 17th, 2012 at 6:11 am, Comments: 0

  The GBP is managing to strengthen in the midst of the largest drop in core inflation since April 2009. However, in the bigger picture, this [...]

• Sterling Digest: January 16, 2012
  faithmight, January 16th, 2012 at 7:23 am, Comments: 0

  The Eurozone S&P downgrades on Friday has the market putting attention back on credit ratings. So it is no wonder that, to start the week, [...]

• Sterling Digest: January 13, 2012
  faithmight, January 13th, 2012 at 5:52 am, Comments: 0

  This has been a week of considerable sterling weakness against almost all the major currencies. Major levels have been probed and tested: $GBPUSD holds its [...]

• Sterling Digest: January 12, 2012
  faithmight, January 12th, 2012 at 1:40 pm, Comments: 0

  The Bank of England did not surprise the markets as it maintains its monetary policy. The BoE does not issue a statement when no changes [...]