17 July 2019 British Pound: Renewed Talk of General Election adds Fresh Downside Pressures vs. Euro and Dollar

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 …

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16 July 2019 Solid Wage Growth Fails to Support Sterling amid Gloomy BoE Outlook

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 seein…

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16 July 2019 Sterling in Sharp Slump on Johnson and Hunt Irish Backstop Rejection

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 fres…

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15 July 2019 British Pound Can Fall Another 4%: MUFG

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…

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12 July 2019 Vlieghe: Interest Rates Could hit 0% or Go Higher to Defend Pound Sterling in 'No Deal' Brexit Outcome

The Bank of England continued prepare the UK for a potential interest rate cut on Friday, July 12, with Monetary Policy Committee member Gertjan Vlieghe saying Threadneedle Street could potentially…

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11 July 2019 British Pound Puts in Gains, but Tenreyro Adds to Rate Cut Expectations

Comments from Bank of England MPC member Tenreyro add to expectations for an interest rate cut, which should weigh on Sterling going forward.

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10 July 2019 Pound Sterling Live: GDP Numbers Aid Shallow Recovery

The release of GDP and other economic data mid-week are being tipped as a potential catalyst for a short-term relief rally in Pound Sterling.

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