The pound takes a hammering – Big picture week commencing 5th August
With the greater possibility of the UK crashing out of Europe without a deal we are seeing this reflected in the strength of pound. It is the turn of the Australian and New Zealand central banks to meet this week. Expect a quarter percent cut in the base rate of the latter.
Here is the link to the summary I show. https://ezeetrader.com/outlook/wo050819.pdf