The British Pound has come under more concerted selling pressure in the London session on Tuesday with a fall below 1.25 against the U.S. Dollar looking to be a catalyst to the broader sell off in the Sterling family.

July 10,2019

The British Pound is trading towards the lower end of multi-month ranges against both the Euro and U.S. Dollar as a new week of trade that should be dominated by ongoing political intrigue commences.

July 8,2019

The Turkish Lira fell sharply Monday as markets responded to a Saturday decision by President Recep Tayyip Erdogan to fire Murat Cetinkaya, governor of the Central Bank of the Republic of Turkey (CBRT), although the currency remains at risk of dramatic losses against Pound Sterling and the Dollar in the months ahead. 

July 8,2019

News that the Conservatives are resigning themselves to an Autumn General Election is yet another factor weighing down on an already under-performing British Pound ahead of the weekend.

July 7,2019

The Pound slipped to the bottom of the G10 league table Tuesday and is set to remain an underperformer into year-end, according to the latest forecasts from TD Securities, as Brexit-related chaos in Westminster is seen exacting a heavy toll on the economy and Bank of England (BoE). 

July 4,2019

The British Pound was seen under selling pressure in mid-week trade after the release of data that showed the UK's dominant services sector struggled in June.

July 3,2019