Pound Sterling was ‘standing to’ on Tuesday after the Chinese Renminbi seemingly sought to prevent the Graceful and New going out to the Carribean Blue, leading an old band to sing, “I’ll be watching you.”
British Pound Suppressed as Birdy Sings Help the People, Dire Straits Do Telegraph Road
- Category: GBP
The British Pound slipped further from recent highs against the US Dollar and continued to be held down by the Chinese Renminbi in Friday trade, as a wise one showed patience, while a Birdy sang “Help the People,” and Dire Straits did a rendition of “Telegraph Road.”
"The dollar bear market is finally here" - Deutsche Bank.