Pound Sterling jumped and the FTSE dropped after the Bank of England’s chief economist and Monetary Policy Committee member said he’s ready to vote for an increase in interest rates "relatively soo…
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Analysts at two of the UK's most well-known high-street financial services providers have updated clients with where they seel Sterling trading against the Euro over the course of the remainder of …
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Pound Sterling was seen outperforming its major rivals in mid-week trade following comments from a key Bank of England member.
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The weakness may not last, however, given most bank analysts see the Pound as more undervalued versus the Euro than it should be.
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An uncompromising technical assessment of the Pound suggests the period of stability seen against the Euro over recent weeks is transitory and some significantly lower levels could be tested.
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With Brexit negotiations underway, the Pound is set to become increasingly prone to political headline risks.
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New research from Danske Bank Markets show that projections for the main Euro exchange rate pairs have been updated. The outlook against Pound Sterling is now more constructive.
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