US Dollar Forecast – A Late Push for the Dollar from Yellen Puts Bulls on Notice The Dollar spent much of the past week consolidating following a three-week advance, but Yellen’s remarks Friday spurred a rally that put the bulls back on the front foot. We will open the new trading week with the USDollar at a two months high but liquidity curtailed by Monday’s Memorial Day holiday. British Pound Forecast – Sterling Continues to Strengthen With Brexit Vote a Month Away ...
Credit Suisse’s Brexit ban is a display of neutrality its clients should cheer Most multinational investment banks with European headquarters in London should want the UK to stay within the EU. An exit would mean higher short-term costs, and might force them to relocate some staff to another European country, in order to ensure international clients have full access to the single market. Yet overt partisanship could unnerve certain clients ...