Former Bank of England Governor Mervyn King once said that you have to be mad to forecast foreign exchange rates such is the unpredictability of currencies, said Steven Barrow, head of G-10 strategy at Standard Bank in a recent Wednesday note.
Date: Dec 15, 2016
Category: Business
Source: Google
The Daily 202: Gun control group to attack several vulnerable Republican senators
-- Long-term economic forecasting remains unclear: People are finding it difficult to comprehend what Brexit implies for the future -- we dont know yet what the magnitude of the shock will be, said Steven Barrow, head of Group-of-10 strategy at Standard Bank Group Ltd. in London. So far, in term
Date: Jun 28, 2016
Category: U.S.
Source: Google
'Uncharted territory:' The pound drops to 30-year low Osborne fails to calm markets
So far, in terms of sterling-dollar, weve seen half the decline were likely to see this year, Steven Barrow, head of Group-of-10 strategy at Standard Bank Group Ltd. in London, said on Sunday. People are finding it difficult to comprehend what Brexit implies for the future we dont know yet w
Date: Jun 27, 2016
Source: Google
The pound's dramatic decline is the biggest impact of Brexit so far
"We don't know yet what the magnitude of the shock will be," Steven Barrow of Standard Bank Group in London told Bloomberg. "So far, in terms of sterling-dollar, we've seen half the decline we're likely to see this year."
Date: Jun 27, 2016
Source: Google
Risk Rout Deepens as Pound Slides Further on Post-Brexit Turmoil
People are finding it difficult to comprehend what Brexit implies for the future -- we dont know yet what the magnitude of the shock will be, said Steven Barrow, head of Group-of-10 strategy at Standard Bank Group Ltd. in London. So far, in terms of sterling-dollar, weve seen half the decline w
Date: Jun 26, 2016
Category: Business
Source: Google
Remember these dates as Greece marches toward default
Untying this particular Gordian knot will be tough and theres little time to do it. The end of the month would seem to be the deadline, and confidence is sapping away quickly, said Steven Barrow, currency and fixed-income strategist at Standard Bank, in a note.
Date: Feb 09, 2015
Category: Business
Source: Google
Dollar Halts Five-Day Gain Versus Yen Before Jobless-Claims Data
We might track around these 120 yen-type levels for alittle while, said Steven Barrow, head of Group-of-10 foreign-exchange research at Standard Bank Plc in London. Longer term,dollar-yen is moving higher. 150 is a realistic two-year target.There may be, as weve been seeing in this Christmas
Date: Dec 24, 2014
Category: Business
Source: Google
U.S. 10-year yield slumps below 2.17% as oil collapses
While wed normally be rejoicing at the growth-enhancing properties of lower oil prices, the prospective slide in inflation looks more problematic, said Steven Barrow, fixed-income strategist at Standard Bank. This is because it is hard for many policy makers to stop the fall in inflation transla