HSBC
HSBC, Institutional
British Pound: Range-bound ahead of UK Budget against US Dollar – HSBC
HSBC’s FX Viewpoint notes recent Pound resilience, with GBP outperforming most G10 currencies over the past month. The bank expects GBP/USD to trade sideways near term, as domestic downside risks take time to materialise and Bank of England hikes are largely priced in, while flagging the 28 October UK Budget as a key event risk. […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
HSBC, Institutional
Euro: Rate uncertainty and energy costs weigh – HSBC
HSBC sees the Euro facing mounting headwinds from both monetary policy and energy markets. The bank notes vulnerability stemming from uncertainty over the European Central Bank’s willingness to raise rates versus a more hawkish Federal Reserve, while Europe’s greater exposure to elevated energy costs and disappointing September data pose challenges for EUR/USD performance and regional […]
by Currency Hedger
- 0 Comments
- 1 month ago