Archive | December, 2015

Market Report: December 2015

Sterling has extremely strong support at the US$ 1.50 level, and we feel it is unlikely to break this, even though it is clear interest rates will not be increased until the UK economy was confirmed to have improved further and be on a stable footing. With regard to the €, it is hard to see Sterling strengthening much further than the €/£ 1.42 level.

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