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Forex Flash: Euro to weaken medium term - Wells Fargo

Nick Bennenbroek, Head of Currency Strategy at Wells Fargo, is expecting the Euro to weaken over the medium term.

He comments that the central bank´s outlook is leaning dovish once again and the pace of improvement in the peripheral Eurozone bond markets has slowed. He feels that a soft Eurozone economy should see the euro weaken over time, while FX positioning offers plenty of scope for the euro to decline.

Forex Flash: High noise to signal ratio - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that the official talk surrounding the G7 statement and G20 meeting generated a great deal pf needless noise in the fx market, and it was almost akin to a librarian yelling “Quiet” and ensuring that she is much more disruptive that the initial noise.
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Forex Flash: Sterling has been pummeled - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman states very clearly, “Sterling is perhaps the most interesting among the dogs. It has been pummeled.”
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