Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Caricatures and drawings on Forex portal

Pound sterling to become emerging market currency

Pound sterling to become emerging market currency

Some market experts note that the British pound now closely resembles the currency of developing countries. After the UK has finally left the European Union, the pound sterling began to behave unpredictably as a currency of emerging markets.

Currently, the British currency is caught between two millstones: on the one hand, demand for the currency is extremely low among investors, and on the other hand, demand from the Bank of England is rather buoyant. As a result, the pound sterling is highly volatile and a sharp oscillation is usually a future of emerging market currencies. This assumption was made by economists at Bank of America. "The pound increasingly resembles the more liquid emerging market currencies rather than a core G10 currency," currency analyst Kamal Shah said. "We believe sterling is in the process of evolving into a currency that resembles the underlying reality of the British economy: small and shrinking with a growing dual deficit problem similar to more liquid [emerging market] currencies," he added. Besides, the UK public debt may turn into double deficit: a situation when there is a deficit in the state budget and in the current account of the balance of payments as well as in the cost of imports, and in payments to foreign investors. Experts are not sure how the situation is going to unfold in the UK. Usually, countries whose currency is not included in a list of the main reserve currencies face a drop in the inflow of foreign currency to the local market. 

According to analysts at Bank of America, it is time to open short deals on the pound sterling against the euro, the Swiss franc, and the yen.


See aslo

Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.