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The Pound will suffer steep losses against the Euro and Dollar over the next three months, according to ING Group, because Prime Minister Theresa May's latest "Brextension" is likely to derail the Bank of England (BoE) from its rate hiking path and store up further political upset for later in the year.
April 12,2019
The calm before the storm: How Pound Sterling is likely to be bucked by volatility as UK political uncertainty explodes.
April 11,2019
Expect a period of lacklustre, range-bound trade in the British Pound - with risks skewed to the downside - following the EU's decision to grant the UK an extension to October 31.
April 14,2019
For Pound Sterling the length of delay to Brexit that will be announced by the EU today will be of primary importance.
April 10,2019
Pound Sterling faces a period of extended limbo as the UK is expected to be offered lengthy Brexit extension that effecitvely leaves it a powerless EU member state.
April 12,2019
Prime Minister Theresa May will be hoping to pursuade France's Emmanuel Macron against his reported hardline stance on whether or not the EU should offer the UK a long Brexit at a special midweek summit on the matter.
April 12,2019
The key drivers for Sterling in the immediate term are 1) the ability of Labour and the Conservatives to strike a cross-party Brexit consensus and 2) the shape of any Brexit delay offered by the EU to the UK, which both lead to 3) growing fears for a snap general election.
April 8,2019
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