You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
The currency to buy the Euro against is the Pound, at last for today. MPC Governor Mark Carney survived his brush wit the Treasury Select Committee largely unscathed and was pretty clear that further easing is possible. We’ve priced in good data and if I look at relative real yields for the UK vs. Germany, they are absurdly low in the UK on any historical comparison.
I’m told (regularly) to hold my horses on my desire to sell gilts, but in the meantime, I still think GBP/USD is topping out below 1.35 and I think long EUR/GBP is a decent risk-reward trade here.
source