Informa Global Markets wins with cautious view overall
Firm doubts BoE will start hiking anytime soon
Informa Global Markets (IGM) topped last week's one-month currency charts with a contained forecast that mirrors the low volatility environment, as the market seemingly waits for central banks to set a direction.
The European Central Bank (ECB) finally made good on its repeated hints to ease monetary conditions further on June 5, but despite this – or precisely because it had been widely anticipated and thus priced in – the euro slid from the mid-1.36 region to the mid- and high 1.35, as
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