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GBP: Lower volatility but not out of the woods yet - Credit Agricole

GBP: Lower volatility but not out of the woods yet - Credit Agricole

Credit Agricole CIB Research maintains a cautious bias on GBP in the near-term.

"The GBP has become a far less volatile currency since the election of PM Rishi Sunak: the currency has settled to trade in relatively tight ranges vs both the USD and the EUR of late. Abating UK sovereign credit risks, receding Brexit fears and easing UK financial conditions could continue to push GBP volatility lower in the very near term. The latest developments should not mean that the GBP is out of... Read More

Posted: Nov 10 2022, 11:47
Author Name: forexlive
Views: 110868

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