HSBC has admitted it was “wrong” to predict a deep dive in the value of the pound this year, as the banking giant’s bearish currency analysts were forced to revise up their forecasts. The bank had previously said sterling might end the year at $1.20 and parity with the euro, but it now says it is more
The Euro and Pound have continued to show strength in forex. The U.S Federal Reserve and Bank of Japan will release their monetary policy statements this week. And Gold has slipped and is testing support. EUR/USD: Euro Continues to React Strong The Euro has started Monday with slight gains after adding
Investing.com - The People's Bank of China set the yuan mid-point at 6.5419 against the dollar on Monday, compared to the previous close of 6.5550.