Feb 20, 2013
Fundamental Afternoon Wrap: GBP Pounded as EUR drops off radar and JPY simmers
The afternoon round up of institutional research has one clear theme. Don´t try to catch falling knives, and as such, don´t try to be a Cable hero. Other areas in focus are JPY which, as the markets weakest currency so far this year, is naturally obliged to be covered, and NZD where overnight the Governor indicated that the RBNZ were willing to take action. Otherwise, EUR has completely dropped off the analyst radars for now, but no doubt it will return again next week following the Italian elections.
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