交易新闻
24 Apr 2015
GBP/USD strong, ignoring election risks – Scotiabank
FXStreet (Barcelona) - Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, maintains a negative bias on GBP/USD, with the pair trading higher, ignoring the UK election risks.
Key Quotes
“GBP is strong, up a further 0.4% since yesterday’s close and having traded to a new one‐month high. The resilience in the face of an uncertain election is on the back of a shift in the BoE expectations; however markets are pricing in almost no chance of an interest rate hike this year.”
“Next week brings the release of Q1 GDP but the focus is likely to remain on the broad USD move as well as the election. We are biased to be short GBP at these levels.”
Key Quotes
“GBP is strong, up a further 0.4% since yesterday’s close and having traded to a new one‐month high. The resilience in the face of an uncertain election is on the back of a shift in the BoE expectations; however markets are pricing in almost no chance of an interest rate hike this year.”
“Next week brings the release of Q1 GDP but the focus is likely to remain on the broad USD move as well as the election. We are biased to be short GBP at these levels.”