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…
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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.
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Foreign exchange analysts at Deutsche Bank - the Frankfurt-based multinational investment bank - are backing the British Pound to benefit from month-end flows.
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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.
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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 incomi…
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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 …
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Foreign exchange strategists are apparently becoming increasingly weary of the prospects of a General Election taking place before 2019 is out, and this should keep the British Pound under pressure…
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