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In this report, we review our trade recommendations based on incoming data in the last month.
An update to our views on UK rates and currency following today’s Bank of England meeting.
Special Report The UK labor market remains far too tight to expect wage growth to slow to levels consistent with the Bank of England inflation target. A true recession with rising unemployment is needed to finally slay the UK inflation beast. 2024…
In this report, we review what our technical indicators are telling us about the G10 currencies.
In this report, we review our trade recommendations based on incoming data in the last month.
  The final UK S&P Global Services and Composite PMIs for March were both revised down slightly from their flash estimates. While the report indicates that activity is still expanding, there has been a clear loss in momentum…
In this Insight, we discuss our rationale for a short sterling position.
  The latest batch of economic data out of the UK suggests that economic conditions have recently stabilized. The flash Manufacturing PMI rose by a stronger-than-anticipated 2.4 points to a 20-month high of 49.9 in March –…
  The British pound is the best performing G10 currency so far this year, gaining 0.7% vis-à-vis the US dollar. The outperformance of sterling over the past month coincides with an increase in Citigroup’s UK economic…
This week, we review our currency positions, based on the latest data from G10 economies.