Pound is very attractive without Brexit influence

brexit

GBPUSD

The British pound has gained strongly since last Thursday, when the supporter of EU membership was murdered by Brexit fanatic. Bookmakers and traders increased their bets quickly thinking that Brits would not like to leave EU. Such estimation is close to reality so far, however, it is too early to talk about final turn. Probably, markets will experience several volatility splashes of British currency during the week.

For those who consider to aсquire the British currency or the country’s assets as a whole, the current rate of the British currency involves very appropriate momentum to buy it if the country stays in more…

Preview: 4 decisions of Central Banks and no changes

Currencies

EURUSD

During the first half of the week the USD was influenced by the extremely weak payrolls from the USA. Moreover, on Monday Yellen totally destroyed the bulls hopes for the rate raise in June. She announced again the cautiousness that should use the Federal Reserve while the making rate decision. Hence, we should not worry either about unexpected policy tightening next week. As well FOMC forecasts about rate and economy growth remain uncertain. They may again reconsider GDP expectations to the decline side. As per the rate forecasts the uncertainty is much higher.

Weekly unemployment claims, released at the end of the more…