This report covers daily FX market movements, highlighting the expected correction of the recent GBP rally and the impact of geopolitical risk on global sentiment.
Key Takeaways
- 1.The recent relentless rally of GBP vs EUR is expected to run out of steam, with expectations for a recovery toward 0.860.
- 2.Global risk sentiment is currently 'risk-off' due to escalating US-Iran tensions impacting financial markets and energy prices.
Table of Contents
- Asia overnight
- EUR/GBP: enough pounding!
- NZD: how hawkish is the RBNZ?
- Introducing RMA!
- Open trade recommendations
- Key events
- FX Research advanced tools
- Red Mount Analytics
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Valentin MarinovDavid ForresterAlexandre Dolci
Securities
EURGBPGBPUSD2Y UST Yield
Themes
Geopolitical TensionMonetary Policy
Regions
GlobalMiddle EastUnited StatesIranUnited Kingdom