Todd Colvin of Mark IV Brokerage analyzes British Pound futures as the currency drops to 1.3336, marking its lowest level since late July. The decline follows the Bank of England's decision to leave interest rates unchanged, coming on the heels of the Federal Reserve's recent rate hike. Colvin also highlights the CME Group CVOL Index, noting that volatility has decreased alongside the pound's slide. Looking ahead, markets await key U.S. industrial production and capacity utilization data, as well as the latest CFTC positioning report showing speculators increasing their net short positions.
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