14 January 2020 Pound Sterling a Buy says Strategist, Bank of England is Just Bluffing

A leading foreign exchange strategist has said the Pound's current bout of weakness - largely driven by expectations for an interest rate cut at the BoE - could ultimately be short-lived.

Read more … →
13 January 2020 Pound Sterling Slips Below 1.17 vs. Euro, 1.30 vs. Dollar on Building Bank of England Rate Cut Expectations

The British Pound was trading in the red against the Euro, U.S. Dollar and other major currencies at the start of the new week, with foreign exchange analysts saying the weakness can be linked to bโ€ฆ

Read more … →
10 January 2020 Pound Claws Back Carney-Lead Losses

The British Pound is on Friday recovering some of the ground it lost in the wake of comments from Bank of England Governor Mark Carney, with analysts saying the Governor's intervention on the outloโ€ฆ

Read more … →
09 January 2020 Carney Comments Trigger Pound Sterling Selloff

The British Pound turned lower in mid-morning London trade, with analysts citing a combination of potential factors, ensuring the currency's relatively volatile start to 2020 continues.

Read more … →
08 January 2020 Pound Sterling Advances, Johnson / von der Leyen Meeting in Focus

The first real political test for the British Pound comes today when Prime Minister Boris Johnson and European Commission President Ursula von der Leyen meet to set the groundwork for negotiations โ€ฆ

Read more … →
06 January 2020 Pound Sterling in Soft Start to 2020, Forecast to Stay Weak against Euro and Dollar by BNY Mellon Economist

The Pound fell against most of the world's major currencies at the start of the new year with no obvious trigger behind the move, but foreign exchange analysts and commentators suggest some of the โ€ฆ

Read more … →
31 December 2019 British Pound On Front Foot Against Euro and Dollar as Second Best Performer of 2019

The Pound was on its front foot in the final session of 2019 Tuesday and is on course to see out the year as the second best performing major currency, although international factors were driving pโ€ฆ

Read more … →