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EUR/GBP: best level against sterling since Oct flash crash - BBH

Analysts at Brown Brothers Harriman explained that there are several investment banks that are talking about the euro going to parity against sterling.  

Key Quotes:

"The euro is at its best level against the sterling since the flash crash last October.  

Leaving that aside (Bloomberg says it reached a high of GBP0.9415), this is the strongest the euro has been since the 2008-2009 crisis when the euro peaked near GBP0.9800 in late 2008 and was still near GBP0.9400 in Q4 09.  

The technicals are stretched, but there are no divergences or signs of an imminent top."

Fed: Prospects for the next Chair - Wells Fargo

Analysts from Wells Fargo, consider that the next Federal Reserve Chair will need to find a balanced path that unwinds the balance sheet while...
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GBP/JPY rebounds from 2-month lows, still unable to hold above 140.00

The pound today is looking stronger in the market after days of weakness. It is trimming some of the weekly losses. Against the yen, the recovery...
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