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FX Desk

GBP: Shorts at highs as Pound tracks Oil-led USD rally – Rabobank

By FXStreet

GBP: Shorts at highs as Pound tracks Oil-led USD rally – Rabobank

Rabobank highlights that GBP net short positions have risen over 40%, reaching their highest level since August. The Bank of England kept the Bank Rate unchanged at 3.75% on September 18, in line with expectations.

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  2. British Pound gains as several BoE members warn of upside inflation risks
  3. US Treasuries: Yields hit multi-year highs – Deutsche Bank
  4. USD: Speculative longs steady as Fed hikes – Rabobank
  5. British Pound defies US yields surge as BoE hike bets build

Source: FXStreet