GBP is trading 0.5% down on the USD. Economists at Scotiabank analyze Cable outlook.
Mild compression in spreads
Sterling losses reflect broader US gains, as well as some – moderate – compression in GBP-supportive yield, spreads over the USD on the day.
Spot looks soft on the short-term chart but the intraday and daily patterns reflect firm demand for the Pound on weakness to or just below 1.27 late last week. That should help limit Cable losses in the near term
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
喜欢的话，赞赏支持一下
暂无评论。 来发表第一条观点吧。