Today's Live Coverage of the British Pound Sterling - The Only Service of Its Kind in The Currency Information Industry.

Pound Sterling Snaps Losing Streak on May's Exit Announcement, Gains Forecast to be Short-Lived

  • Written by Gary Howes

May exit strategy

Pound Sterling is seeing some welcome relief ahead of the weekend with some modest gains being recorded against the Euro, Dollar and a host of other major currencies, but how the under-pressure Pound ends the week will ultimately depend on the market's reaction to Prime Minister Theresa May's exit strategy which has just been announced. 

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Sterling Faces Deeper Losses May's 'New Deal' is Rejected

  • Written by Gary

May addresses media

The Pound is at risk of steep losses during the summer months, according to Capital Economics and MUFG, as domestic political uncertainty and market fears of a 'no deal' exit appear set to rise following Prime Minister Theresa May's latest offer to MPs. 

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