Finally, some relief for the British Pound which is rallying against the Euro, Dollar and a host of other currencies as some potentially positive comments from the European Union's Chief Brexit negotiator come through.

July 18,2019

Should the tough rhetoric of the Conservative Party's leadership campaign actually translate into a 'no deal' Brexit, then Sterling could slump another 10-15% says a leading fund manager at the UK's largest mutual insurer.

July 18,2019

The British Pound remains fragile in mid-week trade with foreign exchange markets digesting the latest political headlines that suggest a General Election is being considered by Boris Johnson, who is likely to replace Prime Minister Theresa May new Tuesday.

July 17,2019

The Pound hit the ropes again Tuesday as the market responded to official employment figures for the month of May, with subsequent price action suggesting investors have all but given hope of seeing the Bank of England (BoE) lift its interest rate anytime soon. 

July 16,2019

Today's wage numbers should be an all-out positive for Sterling, but instead we see the Pound-Euro exchange rate hitting a fresh seven-month low while the Pound-Dollar exchange rate is hitting fresh two-year lows.

July 18,2019

The Pound was bottom of the developed world barrel for July this last week but is in danger of a further four percent decline over the coming months if the outcome of the ongoing Conservative Party leadership election leads to adverse Brexit headlines, according to analysts at MUFG.

July 15,2019