Pound Sterling found itself caught in the cross-fire of a major market sell-off that struck late Thursday as investors took money off the table on fears the U.S. and China were heading for an all-o…
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The technical outlook for Sterling has improved but much will depend on the outcome of cross-party Brexit talks due to conclude this week.
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Pound Sterling powered to 4-week highs against the Euro on Friday, May 03 following the substantial defeat suffered by the Conservative Party in local elections.
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UK high street lender Lloyds Bank have raised their forecasts for how many euros a pound will be buying by year-end 2019.
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The Euro will rise in the second half of 2019 as the ability of the Eurozone to ‘export capital’ declines, limiting the extent of outflows, and this will reduce Euro-selling, says Hans Redeker, chi…
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The British Pound is poised to move lower against the Euro over coming days, but momentum is expected to be weak and therefore any losses would likely be shallow. We will be watching the Bank of En…
Read more … →Foreign exchange analysts at a leading Scandinavian lender have told clients they are lowering their forecasts on the British Pound.
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