The British Pound remains under pressure against the Euro, U.S. Dollar and other major currencies on Tuesday, July 02 as foreign exchange markets continue to express caution over the prospects of a disruptive Brexit and heightened prospects for a General Election before 2019 is out.
July 8,2019
UniCredit Bank - long-time optimists on Pound Sterling - have again lowered their forecasts for the currency, but not by enough to cancel their view that a recovery in the currency will still occur by year-end 2019.
July 2,2019
The British Pound had started the new week on the front-foot against its major competitors, however a disappointing data release out mid-morning has seen the gains reversed.
July 18,2019
Foreign exchange analysts at Deutsche Bank - the Frankfurt-based multinational investment bank - are backing the British Pound to benefit from month-end flows.
June 28,2019
Forecasters at Barclays see further downside in the value of Pound Sterling amidst a soft economy and fading conviction that a Brexit deal will be achieved by year-end.
June 26,2019
The British Pound was seen trading higher against a host of major currencies on Tuesday, confirming a short-term floor might be building under the UK currency, in part aided by comments from incoming Prime Minister Boris Johnson that he does not believe "for a moment" that a 'no deal' Brexit will take place on October 31.
June 27,2019
The Pound could be in for a rough ride against the Dollar and Euro through the remaining summer months, according to strategists at HSBC, who say the mounting threat of both a 'no deal' Brexit and general election will weigh on the British currency.
June 25,2019
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