Articles by Kit Juckes
'Bumping along the bottom' is what the British currency did in 2017 and the same expression might apply to 2018 too.
General disgruntlement at the failure of improvement in UK living standards has had severe political implications.
No forex forecasting model outperforms random walk benchmark but PPP models serve a purpose.
The American currency, like Icarus, is in danger of flying too close to the sun.
Markets are now pricing in an extraordinarily slow pace of rate hikes by the US Fed – from their current 0.25-0.5% range, to about 0.75% by the end of 2017.