A Best Performer in 2015? The Outlook for the Pound

The video discusses the recent decline of the British pound against the US dollar, highlighting that the drop is more due to the dollar's strength than the pound's weakness. It analyzes sterling's performance against 31 major currencies, noting that only the Hungarian forint has risen against it. The video also explores future expectations for sterling, with traders and strategists predicting it to be a strong performer. Interest rate projections from the Bank of England and the Federal Reserve are discussed, with potential rate hikes anticipated. Despite the pound's decline against the dollar, it has risen against most other major currencies.

What has been the percentage decline of the pound against the dollar since July 15th?

What do strategists at Banco Santander attribute the decline of the pound to?

Which currency has risen against the pound over the last month?

What is the expected action of the Bank of England regarding interest rates?

What do forward contracts suggest about the Bank of England's rate hike?