Currency News: British Pound Experiencing Large Volatility Amidst Uncertainty While Yuan Bottoms Out
British Pound Experiencing Large Volatility Amidst Uncertainty While Chinese Yuan Bottoms Out
British Pound Experiencing Large Volatility Amidst Uncertainty While Chinese Yuan Bottoms Out
Many in the UK have been buying up British pounds as fears that the sterling could fall as the vote in the UK referendum is approaching.
The attention of market participants commented about Janet Yellen statements of the Federal Reserve System. If Yellen noted that the Fed will not remain neutral, and set rates this year, the EUR/USD will fire up.
As the Euro continues to hit low records, the Yuan inclusion to the IMF basket will affect the european currency in a drastic way.