16 Jun 2014
GBP/USD in multi-year peaks - Investec
FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, underlines the strong performance of the sterling.
Key Quotes
"The Pound has had a strong month so far – approximately 2 percent up on the Euro, Swiss Franc and Polish Zloty, almost 1.5 percent up on the US Dollar, Japanese Yen and Canadian Dollar and also up versus the Australian Dollar and Swedish Krona too, although to a lesser extent".
"In overnight markets GBPUSD managed to edge over the key psychological level 1.7000, however Cable is now back down below the handle, whilst GBPEUR remains above the 1.2500 handle, which it traded through last week."
Key Quotes
"The Pound has had a strong month so far – approximately 2 percent up on the Euro, Swiss Franc and Polish Zloty, almost 1.5 percent up on the US Dollar, Japanese Yen and Canadian Dollar and also up versus the Australian Dollar and Swedish Krona too, although to a lesser extent".
"In overnight markets GBPUSD managed to edge over the key psychological level 1.7000, however Cable is now back down below the handle, whilst GBPEUR remains above the 1.2500 handle, which it traded through last week."