FX Weekly: 16th May 2011
US debt ceiling extension still not agreed. Investor patience is beginning to run thin with increasingly poor bond auctions and faltering investor confidence.
European periphery remains in focus as Greece and Portugal look to re-jig their rescue packages.
UK macro-data in the spotlight with CPI, BoE minutes and consumer confidence. High inflation/low growth momentum is growing so watch for data surprises against the tide
European periphery remains in focus as Greece and Portugal look to re-jig their rescue packages.
UK macro-data in the spotlight with CPI, BoE minutes and consumer confidence. High inflation/low growth momentum is growing so watch for data surprises against the tide
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