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Podcast: Beyond Currency
Episode: 23 July 2020 - Sterling lowers chickens come home to roost
Description: The unpredictability that has pervaded the FX market over the period of the pandemic has seen risk appetite as the primary driver and the dollar has been the major respondent, the pound and single currency have trailed faithfully behind.
While the market remains unpredictable, the outlook may have changed as the rally in Sterling came to something of a halt yesterday despite the dollar’s continued fall.
Brexit, China, and the state of the economy remain the principal drivers for the pound. Each has a different time scale with the economy, the most pressing issue followed by Brexit and the lo...