India FX Reserves, USD increased to $353.88B from previous $352.13B

FXStreet.com (Barcelona)

May 22, 2015

GBP/CAD sees ample room to the upside – TDS

FX Strategists at TD Securities see GBP/CAD as having ample room to move to upside, supported by strong UK fundamentals.

EUR/GBP expected to drop below 0.70 in 6 months – Danske Bank

Jens Pedersen, senior analyst at Danske Bank believes that the euro will depreciate below the £0.70 mark against sterling in the mid-term, noting the likelihood of a November BoE rate hike.