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Sterling’s coming home…albeit slowly

Sterling’s coming home…albeit slowly | Speevr

Despite buoyant domestic expectations (or at least hope) football will not be coming home after the England football team lost on penalties to Italy in Sunday’s final of the Euro Championship but Sterling is arguably coming home, albeit slowly.     &nbsp…   Become a member to read the rest of this article Username or E-mail Password Remember […]

US and UK: The Comeback Kids

US and UK: The Comeback Kids | Speevr

The US Dollar NEER has since 12th February appreciated about 2.3% to a 4-month high and its inverse correlation with the S&P 500 (-4.2%) has re-established itself. This is in line with our forecast that the Dollar’s sell-off in early February was “a small, short-term correct…   Become a member to read the rest of […]

Sunday bloody Sunday

Sunday bloody Sunday | Speevr

Sterling underperformed in September, in line with our bearish forecast (UK & Sterling facing potential quadruple whammy, 4th September 2020). It gradually recovered from 22nd September, appreciated throughout October and peaked on 27th November. Sterling NEER has si…   Become a member to read the rest of this article

Sterling’s made its mind up, UK voters not quite

Sterling’s made its mind up, UK voters not quite | Speevr

Sterling has appreciated 1.5% in Nominal Effective Exchange Rate terms since 26th November to a 7-month high, a notable move in a world of depressed currency volatility. Markets have seemingly taken comfort from the (modest) widening of the gap between the ruling Conservative Party and opposition Labour party in opinion polls to about 10pp and […]