24 August 2021 Risk Sentiment Rebound Helps Pound Sterling Appreciate against Euro & Dollar

Gains for major stock markets signalled a return of confidence to the global investor community, creating the backdrop for a rally in the value of the British Pound against currencies such as the Dโ€ฆ

Read more … →
23 August 2021 Pound Sterling: Significant PMI Miss Limits Rebound Scope vs. Euro and Dollar

The British Pound started the new week in decidedly mixed fashion amidst signs that the country's economic rebound slowed in August.

Read more … →
20 August 2021 In a Risk-off World, Pound Sterling Will Struggle against the Euro and Dollar

The British Pound will remain under pressure against the Euro and Dollar but advance against the Australian and New Zealand Dollars should this week's selloff on global equity markets extend into tโ€ฆ

Read more … →
18 August 2021 Prospect of Looming Bumper Inflation Prints Limits the Pound's Downside Potential

UK inflation came in below market expectations at 2.0% year-on-year in July, a miss that lead to some weakness in the British Pound although investors were quick to buy the dip.

Read more … →
17 August 2021 Impressive Jobs Report Keeps Alive a Positive Outlook for the Pound

The British Pound was tipped by foreign exchange analysts to remain supported in the wake of some better-than-expected job data out of the UK.

Read more … →
13 August 2021 A Market Sell-Off is the One Big Downside Risk to Pound Sterling's Advance against the Euro and Dollar

The British Pound's major downside risk in the near future is a turn lower in global stock markets according to analysts, confirming global risk sentiment to be one of the key external drivers of tโ€ฆ

Read more … →
12 August 2021 UK GDP Beats Expectations, Support's the Pound's Positive Outlook

The UK economy grew more than expected in June and although the British Pound failed to show any significant volatility, the GDP data has helped it shore up recent gains.

Read more … →