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27 Sep 2013
Flash: GBP outperforming – TD Securities
FXstreet.com (London) - Research teams at TD Securities noted that the GBP has been one of the outperformers on the day.
Key Quotes:
“GBP has been one of the outperformers on the day., with the pound spiking higher on the headlines that “Carney does not see a case for more QE.” “
“Although GBP/USD has since fallen away somewhat, the 5s10s gilts curve has fallen back to its recent lows at around 119bp”.
“UK 10-year swap yields have also touched key support levels at 2.666% this morning, a significant level—a break of which would easily open up a move lower to 2.51%”.
Key Quotes:
“GBP has been one of the outperformers on the day., with the pound spiking higher on the headlines that “Carney does not see a case for more QE.” “
“Although GBP/USD has since fallen away somewhat, the 5s10s gilts curve has fallen back to its recent lows at around 119bp”.
“UK 10-year swap yields have also touched key support levels at 2.666% this morning, a significant level—a break of which would easily open up a move lower to 2.51%”.