Archive for March, 2013

• Sterling Digest, March 26 2013: intriguing strength
  Posted by faithmight on March 26th, 2013 at 7:59 am, Comments: 0

  Thanks to Cyprus, sterling managed to catch a bid last week on European haven flows. To start this new trading week, however, GBP has traded [...]

• Sterling Digest, March 17 2013: dangerous precedent
  Posted by faithmight on March 18th, 2013 at 3:06 am, Comments: 0

  Cyprus has put the PIIGS front and center again just when market participants thought that ship had finally sailed. Citizens of the PIIGS, in particular, [...]

• Sterling Digest, March 11 2013: the charts that worry
  Posted by faithmight on March 11th, 2013 at 3:26 am, Comments: 0

  Sterling did produce a correction rally last week as $GBPUSD made a high at 1.5200, $GBPAUD as high as 1.4850; $GBPNZD as high as 1.8350; [...]

• Sterling Digest, March 4 2013: more stimulus possible
  Posted by faithmight on March 3rd, 2013 at 11:24 pm, Comments: 0

  As expected, sterling continued its descent and dropped to new lows last week as traders began to short GBP en masse. However, when much-lower-than-expected UK [...]