Special report: What’s Next for the Surging Pound?
Our 2018 forecast called for outperformance in the Pound, with the Cable rate seen up towards 1.4500. It hasn't even been a month and we've already nearly reached the objective. So where could we be headed from here?
Next 24 hours: Currency Wars
If there were any doubts about the US administration's soft Dollar policy, those doubts were put to rest on Wednesday. US Treasury Secretary Mnuchin followed up this week's introduction of US tariffs on solar equipment and washing machine imports with the comment that a weaker Dollar was good for the US.