The British Pound's correlation with global stock markets meant it was on course to end the week in the red against the Euro, U.S. Dollar and other major currencies amidst a rout in investor sentiment.

September 10,2020

The British Pound has sold off in sympathy with a sharp decline in global markets, a development that confirms the UK currency remains highly sensitive to broader investor sentiment.

September 9,2020

Pound Sterling was underperformer by the fading hours of the mid-week session after paling in the face of a recovering Dollar and as remarks from Brexit negotiators and Bank of England (BoE) Governor Andrew Bailey helped upend the earlier order in the currency market. 

September 2,2020

The British Pound rose 0.75% against the Euro and 2.32% against the U.S. Dollar in August, a rally that is viewed as unsustainable by a number of foreign exchange commentators we follow.

September 4,2020

The U.S. Dollar rallied against the Pound and Euro while stock markets eased back from recent highs after the Federal Reserve Chairman Jerome Powell announced the central bank had agreed a new set of policies aimed at supporting the economy and the labour market.

August 27,2020

The British Pound trades towards the top of its August ranges against the Euro and Dollar, but we expect some potentially significant financial market volatility on Thursday and Friday as central bankers address the Jackson Hole symposium.

August 27,2020