Sterling Slides as Eurozone Sentiment Improves
As sterling slides against the euro and the US dollar, Michael Hewson considers the key factors along with the latest analysis of the GBP/USD and EUR/GBP spread betting markets. The video looks at:
- Improving sentiment in the Eurozone – German ZEW at highest level since May 2010
- The weakening UK outlook
- Cameron’s speech on Europe
- Osbourne to miss economic targets
- Q4 GDP set to contract
- Poor UK retail sales
- Bank of England monetary policy – Mervyn King’s comments and the latest MPC minutes
- Technical analysis of the GBP/USD and EUR/GBP markets
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Video content by Michael Hewson of CMC Markets
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