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Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst
29 May, 2020 |
Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis.
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Pound Sterling's Rise and Fall vs. Euro and Dollar on Brexit Headlines Confirms June will be a Rollercoaster
28 May, 2020 |
The British Pound is trading softer against the Euro, U.S. Dollar and other major currencies as foreign exchange market participants increase expectations that trade negotiations between the EU and UK will fail to result in a deal, following a briefing on the state of talks by the UK's chief negotiator.
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Pound Sterling "Blown Off Course by Frosty Brexit Talks", Dips 0.5% against Euro and Dollar
27 May, 2020 |
The British Pound has suffered an abrupt shift in fortunes as it fell from top of the leaderboard amidst a fresh injection of nerves concerning the status of ongoing Brexit talks.
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Pound Sterling advances against Euro and Dollar after EU Rows back on Fishing and Haldane Cools Negative Interest Rate Expectations
27 May, 2020 |
The British Pound advanced by over a percent against the U.S. Dollar and half a percent against the Euro as markets welcomed a bevvy of developments including rumours of progress on fishing in deadlocked EU-UK trade negotiations and a senior Bank of England policy maker quelled expectations for negative interest rates.
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Lloyds Bank Warn of Next Potential Headwinds Facing the British Pound
26 May, 2020 |
With London markets returning to trade on Tuesday, investors will be met by a British Pound that has shown some resilience against the likes of the Euro and Dollar in their absence.
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Pound Sterling Forecast: Morgan Stanley "Increasingly Bearish"
22 May, 2020 |
The British Pound enters the weekend almost unchanged against the Euro but 0.90% higher against the U.S. Dollar, however analysts at Wall Street investment bank Morgan Stanley say they expect further declines in the UK currency over coming days and weeks.
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"Poor Old Sterling": Why Negative Interest Rates will Trigger Further Losses in the Pound's Value
21 May, 2020 |
The British Pound plumbed a fresh 7-week low against the Euro and underperformed the majority of its G10 rivals after the yield paid on government debt fell below 0% for the first time in history, While expectations continue to grow that the Bank of England would soon cut interest rates to below zero.
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Pound Sterling's Tepid Recovery Stalls alongside Market Disappointment over Moderna Covid-19 Vaccine News
20 May, 2020 |
The British Pound's stock market-inspired recovery faded heading into the mid-week session, amidst ongoing analyst expectations that any strength in the UK currency is likely to be short lived.
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Market Rebound Helps Sterling Recover, but Analysts say More Pressures Ahead
19 May, 2020 |
A strong rebound in global equity markets over the course of the past 24 hours has allowed the British Pound to stage a recovery against the Euro, U.S. Dollar and other major currencies, but analysts from investment banks such as Goldman Sachs, CBA and TD Securities are sceptical the recovery will last.
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Haldane Signals Prospect of Negative Interest Rates at Bank of England, Move to Cap Sterling Upside
18 May, 2020 |
The British Pound rose by over a percent against the U.S Dollar and half a percent against the Euro at the start of the new week amidst a broad-based improvement in investor risk sentiment that swept global stock markets, commodities and risk-on currencies higher. However, concerns about negative interest rates at the Bank of England were raised by Andy Haldane over the weekend, and this could well limit upside impetus.
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British Pound in 1.0% Drop News of Trade Negotiation Deadlock
15 May, 2020 |
The British Pound extended losses against the Euro, Dollar and other major currencies ahead of the weekend following confirmation that the EU and UK are at a deadlock in trade negotiations.
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Pound Sterling Retreats in Sympathy with Trump-Inspired Stock Market Losses
15 May, 2020 |
The Pound is currently being driven by a combination of factors: 1) global market sentiment 2) Bank of England policy and 3) Brexit trade negotiations; all of which are proving unsupportive at present.
Pound Sterling a Sell at Major Swiss Bank, More Downside against both Dollar and Euro Forecast
The British Pound is forecast to maintain a subdued tone on foreign exchange markets that could see short-term trends of depreciation against the Euro and Dollar extend, with one investment…
Pound Sterling: Multiple Pressures Start to Build, Pointed Lower against Euro, Dollar and Other Majors
The British Pound is now the worst-performing major currency of the past day, week and month according to our data, as multiple pressures start to build on the UK currency…